General Journals

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General Journals can be accessed on the ribbon via Accounts > General Journals, then clicking Run at the bottom of the form.

 

generaljournal

 

gjscreen

 

Quality

It is important to establish appropriate security settings for users accessing and/or editing information that directly affects company financial records. General journal entries should only be made by users who fully understand the debits and credits within the general ledger.

 

The General Journal function in Jim2 is used to record transactions which are not created by an activity within Jim2, such as a job, purchase, etc. Examples of these entries include:

entering a payroll journal into Jim2

entering end of year adjustments, such as depreciation

entering movements between general ledger accounts

entering direct debit/credit transactions from the bank statements

entering a BAS payment

entering a superannuation liability.

 

The Jim2 General Journal form is divided into the following areas:

general journal header – includes all administration information about the general journal

general journal grid – includes all general ledger account allocations

general journal footer – includes all totals and buttons, as well as the ability to import journals

addgj

a printed record of the transaction via the General Journal report.

 

Info

There are two dates in many areas of Jim2:

the Document date is the date that the transaction will impact on the general ledger accounts. This is the date entered in the Date field in the general journal

the Transaction date is the date the transaction was entered into Jim2. This is the actual date of entry, ie. it was today but a different date was entered in the Date field of the general journal.

 

Further information

General Journal List

General Journal Header

General Journal Footer

General Journal Details Grid

General Journal Reports

Add a General Journal

Add a Payroll General Journal

Enter Payroll Tax

Create Similar or Recurring GJs

Delete/Reverse a General Journal

Edit a General Journal

Import a General Journal

Provision for Long Service Leave

Record Superannuation Salary Sacrifice