Accounting, journals and expenses

Add a ledger account

1. Open Chart Of Accounts and choose to create an account.
2. Enter the code, name, type and parent group, and save.

Post a manual journal

1. Open Journal Entries and create a journal with its date and narration.
2. Add debit and credit lines; they must balance.
3. Save as draft, review, then post.

Result: The journal appears in ledgers and reports. Cancelling a posted journal reverses it.

Record an expense

1. Open Expenses and create an expense with its date, expense account and amount.
2. Choose the cash or bank account it was paid from, or the payee for a credit expense.
3. Save and post.

Result: Posting creates the journal. Cancelling creates a reversing journal and keeps the original.