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Journal Transaction (fields & descriptions)
Journal Transaction (fields & descriptions)

If you're adding or editing a transaction in JuanTax, here’s some guide to familiarize yourself with the different entry fields.

Maui Banag avatar
Written by Maui Banag
Updated over 3 years ago

Posting transactions can be a tedious task. This article should help you post your records in JuanTax accurately and efficiently.

Journal field

Description

Reference

Also known as journal entry number. This code can help you find the debit or credit that corresponds to a given entry. This can be numbers, letters, or a combination of both

Date

This is a mandatory field. The date format needs to be in dd/mm/yyyy. For example, 01/01/2021

Include to ITR button

Check this box if you want to include the Journal entry in your ITR

Description

This field is optional. You can enter a description for each line item. For best practice, it would be good to add a piece of information. Just click each description field to populate it with details

Account

Select the account code for each line item in this column

Debit Amount

This field is mandatory. Enter the amounts that will be debited in this column. The debited amounts must be equal to the credited amounts in the end for you to be able to post the journal entry

Credit Amount

This field is mandatory. Enter the amounts that will be credited in this column. The credited amounts must be equal to the debited amounts in the end for you to be able to post the journal entry

Total Amount

The total amount of the journal entry

Total Amount Due

The total amount due represents the amount that will be credited and debited from and to the accounts that you have selected.

Notes and Activities

On the upper right part of your transaction, you can see the history of the changes made to each transaction and any notes left for checking purposes

Voucher

Click this button to view, download or print the voucher associated with the journal entry

Journal Options

This is where you can find the option to edit the journal and its details

Add a new line

+ Add a new line - Click this button to add a new line item to the journal or click the (x) delete icon beside the line item to delete it

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