Journal Types

View - Settings - Accounting - Accounting Settings - Journal type settings and number series

The accounting module has 13 predefined journal types. Each journal item that is registered must be entered in either of the preset journal types or to a journal type that you have created. Entries on various journal types enable you to efficiently enter and archive journal items.

To make it easier to distinguish between the various journal types in the Nominal ledger, different codes are used for different journal types (e.g. SI for sales invoice, PI purchase invoice etc).

You can adapt and create new journal types through Accounting settings and the Accounting settings tab. Click on the Journal type settings and number series button. You can edit the journal types that follow the program but you are unable to delete them. You can only delete the journal type you have created.

You can access the Journal Entry User Settings by clicking the arrow button to the right of the Chart of Accounts button in the toolbar and selecting Journal Type settings.

How to create new journal types

To make it easier to distinguish them in the Nominal ledger, different codes are used for the different journal types, (referred to as JT Prefix, e.g. SI for Sales Invoice).

Click New to create a completely new journal type.
Specify JT Prefix and Name for use in Journal entry and for viewing in the Nominal Ledger.
Define any settings for the journal type in the way described below.

The new journal type has now been created.