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Journal Entries

Journal Entries

A Journal Entry is a manual booking — debit some accounts, credit others, for the same amount. Use it when no standard document (invoice, payment, stock entry) applies.

When to use a Journal Entry

Situation Example
Adjusting entry Accrue salaries for end of month before the actual payroll runs
Reclassification Move an amount from one expense to another
Correction Fix a posting that went to the wrong account
Opening balances Initial setup of receivable/payable/bank balances from your previous system
Bank fees, interest Recurring small items the bank deducts
Depreciation Manual monthly depreciation entries

For most day-to-day work (sales, purchases, payments, stock), don't use Journal Entries — the dedicated documents (Sales Invoice, Payment Entry, etc.) post correctly automatically.

Create a Journal Entry

Journal Entry → New:

  1. Entry Type — Journal Entry (default), Bank Entry, Cash Entry, Credit Card Entry, etc. The type pre-selects sensible defaults.
  2. Posting Date — when the booking belongs to (often last day of period for adjustments)
  3. Accounts table — add rows:
    • Account
    • Debit or Credit amount
    • Party (if Receivable / Payable account)
    • Cost Center (optional)
    • Reference (optional)

The total debits must equal total credits — ERPNext won't let you submit otherwise.

Example: accrue €5,000 wages at month end

Account Debit Credit
Wages Expense 5,000.00
Wages Payable 5,000.00

Submit. Reverse it on the 1st of next month (or use a reversing-entry pattern) when the actual payroll runs.

Example: bank fee €15

Account Debit Credit
Bank Charges 15.00
Bank Account 15.00

Multi-currency

If the Journal Entry involves a non-EUR account, set the Exchange Rate. ERPNext computes the EUR equivalents and posts in both.

Templates

For recurring entries (monthly depreciation, monthly accruals), save a Journal Entry as a Template — duplicate next month, change the date, submit. Avoids re-keying.

Status

Draft → Submitted → Cancelled. Submitted entries can't be edited — Cancel and Amend.

Common situations

  • Wrong account picked — Cancel, Amend, fix, resubmit
  • Need to attach supporting docs — attach PDFs or photos to the Journal Entry (bank confirmation, invoice scan)
  • Period closed — once a fiscal period is closed (Year-End Closing), you can't post new entries in it. Adjust in the open period and note in the entry.
Last updated 3 days ago
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