Debit and credit effect of each entry

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Debit and credit effect of each entry

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mahesh.aditi

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Since: Apr 09, 2008
Posts: 1

(Msg. 1) Posted: Wed Apr 09, 2008 11:38 pm Post subject: Debit and credit effect of each entry Archived from groups: alt>comp>software>financial>quickbooks (more info?)

I am used to passing entries by giving a debit effect and a corresponding credit effect to accounts. While using Quickbooks is there any way in which I come to know which account is debited and which accounts is credited? Ex- While preparing an invoice can I see an entry which says: Customer Account (Dr) To Sales Account (Cr) >> Stay informed about: Debit and credit effect of each entry

Laura

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Since: Feb 25, 2005
Posts: 167

(Msg. 2) Posted: Thu Apr 10, 2008 11:17 am Post subject: Re: Debit and credit effect of each entry [Login to view extended thread Info.] Archived from groups: per prev. post (more info?)

<mahesh.aditi DeleteThis @gmail.com> wrote in message news:5c73ba4e-e2c7-42cb-baaa-9479e859804f@b9g2000prh.googlegroups.com... >I am used to passing entries by giving a debit effect and a > corresponding credit effect to accounts. While using Quickbooks is > there any way in which I come to know which account is debited and > which accounts is credited? > Ex- While preparing an invoice can I see an entry which says: > > Customer Account (Dr) > To Sales Account (Cr) Not while you are creating the invoice. For a saved invoice, pull it up and hit the journal button. >> Stay informed about: Debit and credit effect of each entry

Gary E

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Since: Feb 28, 2008
Posts: 5

(Msg. 3) Posted: Thu Apr 10, 2008 11:17 am Post subject: Re: Debit and credit effect of each entry [Login to view extended thread Info.] Archived from groups: per prev. post (more info?)

I may be totally missing it, but in my QB 2008 Premier, I see no "Journal" Button on a saved invoice G "Laura" <invalid.RemoveThis@sample.invalid> wrote in message news:0HmLj.165208$cQ1.73099@bgtnsc04-news.ops.worldnet.att.net... > > <mahesh.aditi.RemoveThis@gmail.com> wrote in message > news:5c73ba4e-e2c7-42cb-baaa-9479e859804f@b9g2000prh.googlegroups.com... >>I am used to passing entries by giving a debit effect and a >> corresponding credit effect to accounts. While using Quickbooks is >> there any way in which I come to know which account is debited and >> which accounts is credited? >> Ex- While preparing an invoice can I see an entry which says: >> >> Customer Account (Dr) >> To Sales Account (Cr) > > Not while you are creating the invoice. For a saved invoice, pull it up > and hit the journal button. > > > >> Stay informed about: Debit and credit effect of each entry

Michael

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Since: Jul 30, 2007
Posts: 6

(Msg. 4) Posted: Thu Apr 10, 2008 11:17 am Post subject: Re: Debit and credit effect of each entry [Login to view extended thread Info.] Archived from groups: per prev. post (more info?)

In my Quickbooks 2008 Premier, with the saved invoice open, it is on the toolbar for the Create Invoices window, betweeen the History and Letters buttons. Michael "Gary E" <scarecrow_ncNOSPAM.TakeThisOut@yahoo.com> wrote in message news:oZnLj.4$gv4.3@newsfe02.lga... >I may be totally missing it, but in my QB 2008 Premier, I see no "Journal" >Button on a saved invoice > > G > > "Laura" <invalid.TakeThisOut@sample.invalid> wrote in message > news:0HmLj.165208$cQ1.73099@bgtnsc04-news.ops.worldnet.att.net... >> >> <mahesh.aditi.TakeThisOut@gmail.com> wrote in message >> news:5c73ba4e-e2c7-42cb-baaa-9479e859804f@b9g2000prh.googlegroups.com... >>>I am used to passing entries by giving a debit effect and a >>> corresponding credit effect to accounts. While using Quickbooks is >>> there any way in which I come to know which account is debited and >>> which accounts is credited? >>> Ex- While preparing an invoice can I see an entry which says: >>> >>> Customer Account (Dr) >>> To Sales Account (Cr) >> >> Not while you are creating the invoice. For a saved invoice, pull it up >> and hit the journal button. >> >> >> > > > >> Stay informed about: Debit and credit effect of each entry

External

Since: Aug 05, 2005
Posts: 34

(Msg. 5) Posted: Thu Apr 10, 2008 11:17 am Post subject: Re: Debit and credit effect of each entry [Login to view extended thread Info.] Archived from groups: per prev. post (more info?)

"Michael" <win_drift.TakeThisOut@yahoo.com> wrote in message news:fYoLj.2$zr3.0@newsfe07.lga... > In my Quickbooks 2008 Premier, with the saved invoice open, it is on the > toolbar for the Create Invoices window, betweeen the History and Letters > buttons. > I am guessing you have an accounting edition. >> Stay informed about: Debit and credit effect of each entry

Haskel LaPort

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Since: Mar 18, 2008
Posts: 41

(Msg. 6) Posted: Thu Apr 10, 2008 11:17 am Post subject: Re: Debit and credit effect of each entry [Login to view extended thread Info.] Archived from groups: per prev. post (more info?)

"L" <lisaanne_quiltshatesspam RemoveThis @hotmail.com> wrote in message news:47fe2227$0$15166$607ed4bc@cv.net... > "Michael" <win_drift RemoveThis @yahoo.com> wrote in message > news:fYoLj.2$zr3.0@newsfe07.lga... >> In my Quickbooks 2008 Premier, with the saved invoice open, it is on the >> toolbar for the Create Invoices window, betweeen the History and Letters >> buttons. >> > I am guessing you have an accounting edition. You may be onto something. Certainly shows up on the Accountant's Edition. The Accountant's Version has every feature available in the other premier versions plus it has depreciation and financial statement modules, and costs the same. There is no reason to buy any other version. > > >> Stay informed about: Debit and credit effect of each entry

Gary E

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Since: Feb 28, 2008
Posts: 5

(Msg. 7) Posted: Thu Apr 10, 2008 11:35 am Post subject: Re: Debit and credit effect of each entry [Login to view extended thread Info.] Archived from groups: per prev. post (more info?)

Not on mine, maybe my version of Premier is different from yours? Mine is the Professional Services edition G "Michael" <win_drift.DeleteThis@yahoo.com> wrote in message news:fYoLj.2$zr3.0@newsfe07.lga... > In my Quickbooks 2008 Premier, with the saved invoice open, it is on the > toolbar for the Create Invoices window, betweeen the History and Letters > buttons. > > Michael > > "Gary E" <scarecrow_ncNOSPAM.DeleteThis@yahoo.com> wrote in message > news:oZnLj.4$gv4.3@newsfe02.lga... >>I may be totally missing it, but in my QB 2008 Premier, I see no "Journal" >>Button on a saved invoice >> >> G >> >> "Laura" <invalid.DeleteThis@sample.invalid> wrote in message >> news:0HmLj.165208$cQ1.73099@bgtnsc04-news.ops.worldnet.att.net... >>> >>> <mahesh.aditi.DeleteThis@gmail.com> wrote in message >>> news:5c73ba4e-e2c7-42cb-baaa-9479e859804f@b9g2000prh.googlegroups.com... >>>>I am used to passing entries by giving a debit effect and a >>>> corresponding credit effect to accounts. While using Quickbooks is >>>> there any way in which I come to know which account is debited and >>>> which accounts is credited? >>>> Ex- While preparing an invoice can I see an entry which says: >>>> >>>> Customer Account (Dr) >>>> To Sales Account (Cr) >>> >>> Not while you are creating the invoice. For a saved invoice, pull it up >>> and hit the journal button. >>> >>> >>> >> >> >> > > > >> Stay informed about: Debit and credit effect of each entry

Karl

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Since: Nov 16, 2006
Posts: 9

(Msg. 8) Posted: Thu Apr 10, 2008 4:22 pm Post subject: Re: Debit and credit effect of each entry [Login to view extended thread Info.] Archived from groups: per prev. post (more info?)

Try Ctrl-Y "Gary E" <scarecrow_ncNOSPAM.DeleteThis@yahoo.com> wrote in message news:vrqLj.5$KW6.4@newsfe05.lga... > Not on mine, maybe my version of Premier is different from yours? Mine is > the Professional Services edition > > G > > > "Michael" <win_drift.DeleteThis@yahoo.com> wrote in message > news:fYoLj.2$zr3.0@newsfe07.lga... >> In my Quickbooks 2008 Premier, with the saved invoice open, it is on the >> toolbar for the Create Invoices window, betweeen the History and Letters >> buttons. >> >> Michael >> >> "Gary E" <scarecrow_ncNOSPAM.DeleteThis@yahoo.com> wrote in message >> news:oZnLj.4$gv4.3@newsfe02.lga... >>>I may be totally missing it, but in my QB 2008 Premier, I see no >>>"Journal" Button on a saved invoice >>> >>> G >>> >>> "Laura" <invalid.DeleteThis@sample.invalid> wrote in message >>> news:0HmLj.165208$cQ1.73099@bgtnsc04-news.ops.worldnet.att.net... >>>> >>>> <mahesh.aditi.DeleteThis@gmail.com> wrote in message >>>> news:5c73ba4e-e2c7-42cb-baaa-9479e859804f@b9g2000prh.googlegroups.com... >>>>>I am used to passing entries by giving a debit effect and a >>>>> corresponding credit effect to accounts. While using Quickbooks is >>>>> there any way in which I come to know which account is debited and >>>>> which accounts is credited? >>>>> Ex- While preparing an invoice can I see an entry which says: >>>>> >>>>> Customer Account (Dr) >>>>> To Sales Account (Cr) >>>> >>>> Not while you are creating the invoice. For a saved invoice, pull it up >>>> and hit the journal button. >>>> >>>> >>>> >>> >>> >>> >> >> >> > > >> Stay informed about: Debit and credit effect of each entry

Haskel LaPort

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Since: Mar 18, 2008
Posts: 41

(Msg. 9) Posted: Thu Apr 10, 2008 4:22 pm Post subject: Re: Debit and credit effect of each entry [Login to view extended thread Info.] Archived from groups: per prev. post (more info?)

"Karl" <someone.DeleteThis@sbcglobal.biz> wrote in message news:r9rLj.146$ix6.4@newssvr11.news.prodigy.net... > Try Ctrl-Y Very slick, you the man. > > "Gary E" <scarecrow_ncNOSPAM.DeleteThis@yahoo.com> wrote in message > news:vrqLj.5$KW6.4@newsfe05.lga... >> Not on mine, maybe my version of Premier is different from yours? Mine is >> the Professional Services edition >> >> G >> >> >> "Michael" <win_drift.DeleteThis@yahoo.com> wrote in message >> news:fYoLj.2$zr3.0@newsfe07.lga... >>> In my Quickbooks 2008 Premier, with the saved invoice open, it is on the >>> toolbar for the Create Invoices window, betweeen the History and Letters >>> buttons. >>> >>> Michael >>> >>> "Gary E" <scarecrow_ncNOSPAM.DeleteThis@yahoo.com> wrote in message >>> news:oZnLj.4$gv4.3@newsfe02.lga... >>>>I may be totally missing it, but in my QB 2008 Premier, I see no >>>>"Journal" Button on a saved invoice >>>> >>>> G >>>> >>>> "Laura" <invalid.DeleteThis@sample.invalid> wrote in message >>>> news:0HmLj.165208$cQ1.73099@bgtnsc04-news.ops.worldnet.att.net... >>>>> >>>>> <mahesh.aditi.DeleteThis@gmail.com> wrote in message >>>>> news:5c73ba4e-e2c7-42cb-baaa-9479e859804f@b9g2000prh.googlegroups.com... >>>>>>I am used to passing entries by giving a debit effect and a >>>>>> corresponding credit effect to accounts. While using Quickbooks is >>>>>> there any way in which I come to know which account is debited and >>>>>> which accounts is credited? >>>>>> Ex- While preparing an invoice can I see an entry which says: >>>>>> >>>>>> Customer Account (Dr) >>>>>> To Sales Account (Cr) >>>>> >>>>> Not while you are creating the invoice. For a saved invoice, pull it >>>>> up and hit the journal button. >>>>> >>>>> >>>>> >>>> >>>> >>>> >>> >>> >>> >> >> > > >> Stay informed about: Debit and credit effect of each entry

Gary E

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Since: Feb 28, 2008
Posts: 5

(Msg. 10) Posted: Thu Apr 10, 2008 4:28 pm Post subject: Re: Debit and credit effect of each entry [Login to view extended thread Info.] Archived from groups: per prev. post (more info?)

Hey Karl I knew how to get the journal, my point was that not everyone has the same buttons on their version of QuickBooks. I always try to assume the lowest common denominator when answering, but thanks anyway "Karl" <someone.RemoveThis@sbcglobal.biz> wrote in message news:r9rLj.146$ix6.4@newssvr11.news.prodigy.net... > Try Ctrl-Y > > "Gary E" <scarecrow_ncNOSPAM.RemoveThis@yahoo.com> wrote in message > news:vrqLj.5$KW6.4@newsfe05.lga... >> Not on mine, maybe my version of Premier is different from yours? Mine is >> the Professional Services edition >> >> G >> >> >> "Michael" <win_drift.RemoveThis@yahoo.com> wrote in message >> news:fYoLj.2$zr3.0@newsfe07.lga... >>> In my Quickbooks 2008 Premier, with the saved invoice open, it is on the >>> toolbar for the Create Invoices window, betweeen the History and Letters >>> buttons. >>> >>> Michael >>> >>> "Gary E" <scarecrow_ncNOSPAM.RemoveThis@yahoo.com> wrote in message >>> news:oZnLj.4$gv4.3@newsfe02.lga... >>>>I may be totally missing it, but in my QB 2008 Premier, I see no >>>>"Journal" Button on a saved invoice >>>> >>>> G >>>> >>>> "Laura" <invalid.RemoveThis@sample.invalid> wrote in message >>>> news:0HmLj.165208$cQ1.73099@bgtnsc04-news.ops.worldnet.att.net... >>>>> >>>>> <mahesh.aditi.RemoveThis@gmail.com> wrote in message >>>>> news:5c73ba4e-e2c7-42cb-baaa-9479e859804f@b9g2000prh.googlegroups.com... >>>>>>I am used to passing entries by giving a debit effect and a >>>>>> corresponding credit effect to accounts. While using Quickbooks is >>>>>> there any way in which I come to know which account is debited and >>>>>> which accounts is credited? >>>>>> Ex- While preparing an invoice can I see an entry which says: >>>>>> >>>>>> Customer Account (Dr) >>>>>> To Sales Account (Cr) >>>>> >>>>> Not while you are creating the invoice. For a saved invoice, pull it >>>>> up and hit the journal button. >>>>> >>>>> >>>>> >>>> >>>> >>>> >>> >>> >>> >> >> > > >> Stay informed about: Debit and credit effect of each entry

QBConsultant

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Since: Jan 16, 2008
Posts: 71

(Msg. 11) Posted: Thu Apr 10, 2008 8:14 pm Post subject: Re: Debit and credit effect of each entry [Login to view extended thread Info.] Archived from groups: per prev. post (more info?)

On Apr 10, 10:35 am, "Gary E" <scarecrow_ncNOS....DeleteThis@yahoo.com> wrote: > Not on mine, maybe my version of Premier is different from yours? Mine is > the Professional Services edition > > G > > "Michael" <win_dr....DeleteThis@yahoo.com> wrote in message > > news:fYoLj.2$zr3.0@newsfe07.lga... > > > > > In my Quickbooks 2008 Premier, with the saved invoice open, it is on the > > toolbar for the Create Invoices window, betweeen the History and Letters > > buttons. > > > Michael > > > "Gary E" <scarecrow_ncNOS....DeleteThis@yahoo.com> wrote in message > >news:oZnLj.4$gv4.3@newsfe02.lga... > >>I may be totally missing it, but in my QB 2008 Premier, I see no "Journal" > >>Button on a saved invoice > > >> G > > >> "Laura" <inva....DeleteThis@sample.invalid> wrote in message > >>news:0HmLj.165208$cQ1.73099@bgtnsc04-news.ops.worldnet.att.net... > > >>> <mahesh.ad....DeleteThis@gmail.com> wrote in message > >>>news:5c73ba4e-e2c7-42cb-baaa-9479e859804f@b9g2000prh.googlegroups.com.... > >>>>I am used to passing entries by giving a debit effect and a > >>>> corresponding credit effect to accounts. While using Quickbooks is > >>>> there any way in which I come to know which account is debited and > >>>> which accounts is credited? > >>>> Ex- While preparing an invoice can I see an entry which says: > > >>>> Customer Account (Dr) > >>>> To Sales Account (Cr) > > >>> Not while you are creating the invoice. For a saved invoice, pull it up > >>> and hit the journal button.- Hide quoted text - > > - Show quoted text - The journal button is only on QB Premier Accountant edition. If you want to see the journal entry behind a transaction (invoice, check, whatever), simply select the transaction and hit control + Y to see the debits and credits of the JE. You can also create a journal report (under accountant reports). Michelle L. Long, CPA, MBA Author of: Successful QuickBooks Consulting: The Complete Guide to Starting and Growing a QuickBooks Consulting Business http://www.SuccessfulQuickBooksConsulting.com http://www.amazon.com/Successful-QuickBooks-Consulting-Comprehensive-S...ting/dp >> Stay informed about: Debit and credit effect of each entry

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