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My Journals - background

  • Journals are used to add data that is not covered by the cash transactions entered elsewhere in My Bookkeeping Online.
  • Examples of information you will need to add using journals are:
    • Opening Balances
    • Creditors
    • Depreciation
  • The sum total of all the entries in a journal must equal £zero.
  • Note you can edit a journal if you want to.