General Journal Entries
Use the General Journal window to record all the transactions that cannot be made in the Sales or Purchases windows.
For example:
- taking cash out of the business if you are an owner
- making a loan payment
You also use general journal entries at the end of a fiscal year to record adjustments for the old and new fiscal years.
Note: If you are using the Sage 50 Accountant Edition, you can access your client's accounts from this transaction window.