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Adjustment Clearing account

You can use the account register for the 'Journal Entries' bank account to view a list of adjustments if you follow our tip and use a Journal Entry 'account' for all types of adjustments (Sales Receipts, Credit Memos, Checks and Journal Entries). more

Mar 14, 2016 9:01 PM General Ledger

In this installment of Joe's Master Tips, we examine how to adjust Sales Tax Payable by Sales Tax Item. more

Mar 10, 2016 10:19 PM General Ledger 2 Comments

Sometimes you must use an item-based transaction type that allows you to adjust one or more items as well posting the appropriate debits and credits to the General Ledger. In this mini-series we will look at various 'ways' to make the adjustments. more

Feb 23, 2016 7:11 PM General Ledger 2 Comments

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