Journal Entries are recorded on a double entry system ie debit and credit concept. In order to record a journal entry the following steps need to be followed.

☛ Enter the Journal entry number.

☛ Enter the Date of transaction.

☛ Enter the Debit item (as per the golden principles of accountancy).

☛ Enter the corresponding GL folio number.

☛ Enter the Debit amount.

☛ Enter the credit item(as per the golden principles of accountancy).

☛ Enter the amount in the credit column.

☛ Provide a brief description of the transaction.

☛ leave a single line before next transaction.