Expense Journal

Post any type of expense journal entries in the system to adjust fixed asset value.

Navigation

1. From the homepage, go to Finance module.

2. Navigate to the General Ledger and Expense Journal.

Guide

1. Click the Create New button.

2. Select the business entity, input the document date and brief description.

3. Click the Add button and populate the following:

• Description
• Reference Number
• Vendor
• GL Account (Note: GL Account Name will be automatically populated)
• Debit Amount
• Post Tax Entry: Yes or No

4. Once done, click the the Update button.

5. Check all information and once okay, click the Submit for Approval button.

Related Articles

• Budget Adjustment
• Budget Reallocation
• Encumbrance