Actionstep offers built-in accounting to users on our Practice Pro + Accounting plan. This article covers functionality only available with that option.
In this article, you will learn how to create general journal entries within Actionstep.
Most of the transactions and accounting records in Actionstep are tied to ledger transactions behind-the-scenes, but you are also able to manually transfer amounts between different accounts using general journal entries.
Creating a General Journal Entry
To create a general journal entry, navigate to:
Accounting -> Accounts -> General Journal
Doing so will take you to the list of general journal entries that have been created so far. You can click on the '+NEW GENERAL JOURNAL' button to create a new entry.
At the most basic level, you will need to populate at least the 'Account' and 'Amount' fields, and you will need to create at least one debit entry and one credit entry to ensure double entry.
Once you are happy with your settings, click on 'Post' to create the new entry.
Bank Account& Credit Card General Journal Entries
General Journal entries can be processed against bank accounts and credit cards.
Entries can be seen for the bank account/credit card by going to Accounting > Banking > Select bank account/credit card transactions.
There, you will see the journal entries with the entry type "General Journal."
Because the amounts are journaled directly to or from a bank account or credit card, the journal entry will appear in the reconciliation for that bank account or credit card.