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What are journals used for?

Journals Used
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What are journals used for?

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Quick Trial Balance allows you to enter cash transactions, and to make different types of transactions easier to identify when printing the General Ledger, you can create journals that will indicate the source of the transaction. For example, if you have two bank accounts that you make deposits and write checks out of, you could setup a journal for each bank account so you can easily identify which bank the transaction originated from.

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