Table of Contents
Introduction
In this article we'll be covering how to post a manual journal entry in your nominal ledger using Indigo Business.
🤔 Remember: A journal entry must include at least two lines using the double-entry method, meaning one debit and one credit to one or more accounts. These amounts must offset each other. If the credits do not offset the debits, the system will not post the journal.
Creating a Nominal Journal Entry
Go to Nominal > Posting > Nominal Journal.
The Nominal Journal page will open.
Fill in at least the mandatory fields (*) and the optional ones, if needed.
Select Add line item.
As soon as a line item is added, the journal is saved as a draft .The page's title changes from Nominal Journal to Draft Journal.
Repeat step 4 to add as many line items as needed. The added line items will appear in the relevant grid.
Review the line items and totals.
Select Post at the bottom right corner.
Select Post in the confirmation pop-up.
If the auto balancing setting is enabled, a different posting confirmation pop-up is displayed. More on this topic 👉 here.
The Result
The posted journal will be visible in Nominal > Audit Trail.
A unique Tran ID is assigned to the transactions involved. The Tran ID follows a specific grouping logic you can explore 👉 here.
❓ FAQ: Can I duplicate a posted transaction to handle recurring events faster? Yes, you can. Find out how ➡️ here.
Edit, Copy or Delete a Journal Line Item (click to expand)
Edit, Copy or Delete a Journal Line Item (click to expand)
Highlight a line item in the grid.
Select one of the following buttons:
✏️ Edit: modifies the selected line item. The details appear in the top section.
📄 Copy: creates a new line item by copying the details of the selected one.
Select 💾 Save line item to confirm the details and display the line item in the grid.
To remove a line item, select 🗑️ Delete.
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