creating journals
Options
Torrie
Registered Posts: 1 New contributor 🐸
I did a journal last week and I started off with a credit entry coming out of a dept payroll cost centre which was an incorrect posting and I debited the entry to the correct dept payroll cost centre.
I was then told by a colleague that Journals should always start with the Debit entry first. Is this right?
I was then told by a colleague that Journals should always start with the Debit entry first. Is this right?
0
Comments
-
Yes, its standard practice to enter the Debit before the Credit when creating a journal.0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 18.9K For AAT students
- 268 NEW! Qualifications 2022
- 147 General Qualifications 2022 discussion
- 9 AAT Level 2 Certificate in Accounting
- 44 AAT Level 3 Diploma in Accounting
- 65 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 274 VAT
- 92 Software
- 274 Tax
- 138 Bookkeeping
- 7.3K General accounting discussion
- 194 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 352 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 590 Job postings
- 17 Who can benefit from AAT?
- 36 Where can AAT take me?
- 44 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 65 AAT membership