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Magaya Software Accounting Manual

Magaya Software Accounting Manual

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JOURNAL ENTRIES<br />

STEPS: CREATE A JOURNAL ENTRY<br />

3. Click on the Add button. A dialog box opens.<br />

The date field displays today’s date. Change the date if needed. Enter an Entry<br />

number.<br />

4. In the dialog box, follow these steps:<br />

• Click on the Add button to add a new line to the journal entry. A line in<br />

the table will be highlighted. The line has columns (these are also called<br />

“fields” because when you click on them, they become active and you can<br />

enter information).<br />

• The first column in the line is “Account Name”. This is the account that<br />

you will apply the line to. The field becomes a dropdown menu. Select the<br />

account from the dropdown.<br />

• The second column is “Debit” where you add the amount you will deduct.<br />

• The third column is “Credit” where you add the amount that you will add.<br />

• The “Description” column is used to add a description (optional). This is<br />

a text field.<br />

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