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Creating a journal entry

What is Journal entry?

The WP-ERP Accounting system has been designed to be most easy for people with minimal or no knowledge about accounting. But accounts journal is a pro level feature. Trained accountants will be familiar with this. With this feature, every action inside the accounting system which have been described can be done.

To create a new journal entry

  1. go to wp-admin → accounting → journal entry
  2. Click on New Entry
  3. Select the account.
  4. Add as many lines as necessary
  5. Add description and summary for referencing.
  6. Balance the debit and credit.

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