Other transactions will need to be entered manually such as payroll or asset depreciation, for example.
Automatic journal entries are logged when customer transactions are posted, allowing you to generate accounting reports on real time data.
● Overview ● Manual Journal Entries ● Automatic Journal Entries ● Entry ID vs Transaction ID ● Reverting Journal Entries ● Listing/ Reporting Journal Entries ─────────────────────────────────────────────────────────────────────────────────────── Journal Entries are the logs of all the transactions in your organization which have accounting implications.
Client account transactions will be logged automatically by Mambu after you link your products with GL Accounts.
────────────────────────────────────────────────────────────────────────────── Back to top If a journal entry is logged by mistake and it needs to be reversed, find the journal entry using the appropriate filters Confirm the reversal.
You can also add a comment on the reversal reason - the Notes field is mandatory and needs to be filled out in order for the journal entry to be reversed.
If ANY errors are encountered, the import is CANCELED and you must correct the errors and try to upload again.Using Google Spreadsheet, Microsoft Excel, or your favorite spreadsheet program, open the file coming from your prior solution for editing. This is used to specify which debit and credit lines comprise a journal entry during import.The 1st row of the table must contain headers so One Up can identify what it contains. This number will not be stored in the transaction, as One Up will generate new transaction IDs upon importing, based on any already-existing transaction IDs in the system.In order to import journal entries, the Chart of Account structure in One Up must match that of your prior solution.This can be done by editing your chart of accounts.