Hi All, looking at my clients accounts they dont appear to have posted any wages jnls through in sage. Their financial year is Sep through Aug and no jnls have been posted. I have the jnls tp put through but was just wondering if I could post the jnls with their correct dates i.e end sep 08, oct 08 or shpould I post them with todays date. I would ideally like to see the wages jnls in each months P&L. Your comments please.
Hi I would post them into the month that they relate to, so that you can prepare monthly figures or monthly reconciliation etc as necessary. Posting on one date in my opinion would not be a good idea.
If you are asking how to enter a journal then the procedure is to go into Company, Nominal Ledger, Journals, it is up to you whether you use a reference, the date this should be the date of the journal so if it is for a wages journal then I would use the processing date then proceed to make the entries.
Once you change the financial year better you can post monthly entries.
Posting the monthly jnls entry is the best way of reporting the financial. Before posting a jnls I would suggestto change the financial year to respective year, the options to change the financial year is available in the Sage under settings>>financial year.
-- Edited by Bookkeeping Services on Monday 2nd of August 2010 04:47:15 PM
