General journals and General ledgers are critical accounting documents. You may use them in your own business or your CPA may request them come tax-time.
Here’s how to view your General Journal:
A General Journal is basically a list of every transaction you’ve recorded, and how it affects each category in your chart of accounts.
- Log in to ZipBooks and click on Reports.
- In the Accounting and Tax section, select General Journal.
- Customize your journal by adding tags, specifying dates, transactions, etc. (Simple view includes basic details like the amount of a transaction and the accounts it affected. Detailed includes any memos and tags you added on the transaction.)
- If desired, click Export.
Voila! A list of transactions and their respective debits and credits. Your accountant will thank you!
Here’s how to view your General Ledger:
A general ledger is a record of each transaction that is included in your financial statements. Transactions are sorted into groups like cash, accounts receivable, and sales.
- Log in to ZipBooks and click on Reports.
- In the Accounting and Tax section, select General Ledger.
- Customize your ledger by adding tags, specifying dates, transactions, etc.
- If desired, click Export.