The double journal entry allows for any kind of manual journal entry required for the client.
It may be quicker to write-up manual journals using a double entry rather than standard entry depending on what the entry involves.
The double journal entry allows you to post to both the debit & credit side accounts, for the same amount on the same date in a single line entry - thus saving you some time in many cases!
You can also use various dates (within the current period) for different lines within a single batch entry this way.
Use the description field to best describe (in short) the entry for other users
You may select any of the following types to describe the entry (useful when reviewing through the general ledger):
Adjusting Journal Entry (AJE)
Reclassification Journal Entry (RJE)
As with all entry types, our fast-code feature is available.
If you are just doing a short on-screen journal entry then, for example, we may suggest it can be handy to use the fast-code feature for things like entering the same line descriptions for all lines in the journal:
As with any other batch entry, you can check multiple lines and change the date, reference or account fields in order to speed things up whenever possible..
It's up to you to choose how best to make use of these tools based on the entry itself, but that's one idea to save a little time.
Import Double Journal Entry
Again, as with all entries we offer the ability to also import a journal - this can be useful if there are lots of lines.
From the Journals homepage, select the arrow to the right of the 'Add Double Journal' button and select 'Import Double Journal'. The next page will then guide you through some simple steps on importing.