Journal Entries, Cash/Bank Vouchers
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📘 Recording Journal Entries in Logic ERP
In this quick guide, we’ll walk you through how to record journal entries and account entries 📊 in Logic ERP. This helps businesses keep accurate financial records 📑 and simplifies day-to-day accounting 🧾.
🚪 Access the Account Vouchers Module
Open Logic ERP💻 and navigate to the Main Menu📂.
Expand the Accounts Menu💼.
Click on Account Vouchers 📃 to access the voucher entry screen.
🧭 (This path will guide you through the process seamlessly.)
🧮 Creating a Journal Entry
Choose Entry Type 🗂️ Select the type of journal entry: (e.g., Purchase 🛒, Sales 🛍️, Expense 💸, etc.)
Enter the required details, including:
Account Name 🧾 – Pick the relevant account for the transaction.
Amount 💰 – Enter the transaction value.
Date 📅 – Ensure the correct date is selected.
Narration 📝 (Optional) – Add notes for future reference.
Tax Selection (For Purchases) 🧾
A tax selection window will appear for purchase entries
Select the appropriate tax type 🏷️ (based on the configuration settings)
💡 Tax amount is applied automatically to the entry.
💳Recording Payment & Receipt Entries
Payments and receipts can be recorded through Cash💵or Bank🏦.
For bank transactions, select the bank account🏛️ from the list.
Enter the required details and ensure that the narration🗒️ is correctly added.
When entering payments or receipts, pending bills will be displayed.
Select the bill ✅you want to adjust with the payment.
🧾 Recording Customer Payments via Cheque
If a customer makes a payment through cheque, go to the Bank Receipts🏦section.
Enter the cheque details, including:
Bank Name🏢
Cheque Number#️⃣
Date📆
Amount💵
Save 💾 the entry to update your records.
📘 Generating a Ledger Report
To review your financial transactions, go to the Ledger Report📋 section.
Select the account📁 you want to review.
Click on Generate Ledger🔄 to view all related transactions.
🧾 All related journal entries and their financial impact will be displayed.
✅ Conclusion
By following these steps, you can:
🔄 Easily record and manage financial transactions in Logic ERP
🧠 The system automatically applies tax rules.
🧾 Adjust pending bills with ease.
📈Accurate record-keeping.
✅ Keep your accounts clean and accurate
💼 Say goodbye to manual errors and hello to smooth accounting with Logic ERP! 🎉
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