PiggyZen will create most journal entries for you like when you create an invoice or receive a payment. Some transactions are more complex and will require you to create a manual journal entry. Some of these entries will need to be repeated on a monthly or yearly basis. For those entries, you can use the 'duplicate journal entry' feature as shown in this video.
One of the first things you need to do when you start using your accounting system is to add your bank accounts. It is important to select the correct account during a transaction so that the funds can be allocated to the correct accounts. To add a bank account to your accounting system, do the following: Log into PiggyZen Select 'Accounting and Finances' from the menu. Select 'Manage Chart Of Accounts' under 'Chart of Accounts'. Click on 'Add Bank Account'. Enter the account name. You can also enter the account number under 'Description' (optional). Click on 'Add'.
Comments
Post a Comment