Accounting glossary
What is journal entry?
A manual posting straight to ledger accounts, balancing debits and credits — the tool for the things documents do not cover: accruals, corrections, depreciation, year-end adjustments. Powerful, so kept controlled and audited.
Example
Auto-posted from sale 0173: debit accounts receivable $7,993.05, credit sales and the tax payable accounts for the same total.
Every journal balances on its own, not merely in aggregate — an entry that balances only across the ledger is a bug.
In SeroBooks
The Journal lists every posting; entries live under permission control with a full trail. Journal entries guide →
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