Standard Debit and Credit Entries in Journal Transactions
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Learn more about debits and credits
Display or hide G/L account fields in various task windows
Perform other basic procedures
When you enter transactions in Sage 50, journal entries are automatically created based on generally accepted accounting principles. Sage 50 is a true accounting system that creates both debits and credits for you. Much of the accounting is behind the scenes, allowing you to concentrate on the transaction information itself.
The journal entries Sage 50 creates are based on various defaults you have set up for your company. However, you can examine or edit these journal entries through Accounting Behind the Screens.