General Journal Entry

You use the General Journal to enter those types of transactions that are not readily categorized in the Tasks menu. Depreciation would be an example of something that would be entered into the General Journal.

In General Journal Entry, you can also enter withdrawal and deposit adjustments you need to make during account reconciliation. Sometimes adjustments must be made to account for errors, service charges, check charges, or unrecorded withdrawals or deposits; such adjustments are necessary to help keep your bank account balanced. When you select the Add New button and then choose General Journal Entry in Account Reconciliation, the General Journal Entry window opens so you can enter this adjustment data.