Transcript

Learn how to manage your complete accounting easily with the Journal Entry feature — from capital and GST payments to quick adjustments, all in one place.
Now see how it works.

Step 1: Enable Accounting Module
Open Settings → Accounting Section, and turn ON the Accounting Module.
This automatically activates the Journal Entry option in the left menu.

Step 2: Explore Chart of Accounts
In the Chart of Accounts, you’ll find most accounts already created — like Debtors, Creditors, and Bank Accounts.
New relevant accounts also get auto-created as you record transactions.

Step 3: Create New or Sub Accounts
To add a new account, click New Account, select the type, name, and opening balance, then save.
You can also add Sub-Accounts (e.g., Rent – Shop, Rent – Godown) under existing accounts for better tracking.

Step 4: Smart Account Setup
When creating accounts, enter all details — Name, GST, Phone, Address — directly on the same screen.
If anything’s missing, you’ll get a quick alert to fix it before saving.

Step 5: Make Journal Entries
Go to Accounting → Journal Entries → Add Entry.
Select debit and credit accounts (e.g., Rent – Cash, or Capital – Bank).
Once both sides match, save the entry.
You can record payments, capital, or GST adjustments easily.

Step 6: Check Updated Reports
All entries reflect instantly in the Balance Sheet and Trial Balance Reports.
View how amounts update for cash, bank, equity, and tax — everything stays balanced and clear.

Now record all expenses, income, and adjustments easily using Journal Entry — making accounting simple, organised, and error-free.

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