[GNC] Editing the General Journal
Michael or Penny Novack
stepbystepfarm at comcast.net
Mon Mar 31 19:25:10 EDT 2025
On 3/31/2025 4:10 PM, Jediator wrote:
> Is there any easy way in GNC to distinguish journal entries between
> accountant-made entries (e.g., depreciation of assets) and general
> transaction entries? Coming from a Quickbooks background, the view of
> general journal in QB contains only accountant-made entries by
> default. Thanks a lot!
This is a terminology confusion (and it is confusing)
Once upon a time (within my lifetime) ALL transaction began as entries
in the journal (book of original entry) and from there were posted to
the ledger. So in a logical sense, all transactions "journal entries".
But language/terminology not always logical. Even back then it was
common to call the adjusting transactions made at end of period "journal
entries"
Michael D Novack
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