How to make an adjusting, closing, and reversing entry? I’ve found this link but it shows page not found http://www.manager.io/guides/miscellaneous/closing-accounting-periods/

please search the forum before posting new topics. read the below topic. [image] 2017 Year End Procedures I come to the end of my first year using Manager Accounting. I was reading here https://forum.manager.io/t/unclear-on-year-end-procedures/2048/3 Seems like all I …

[image] Akbar_Rizky: I’ve found this link but it shows page not found Supporting documentation has been restructured several times since that link was created. The article is at Manager Guides . You can always check the index at https://guides.manager.io/ , which appears in the menu bar of this…

How about the adjusting and reversing entry? Should I entry like the general entries?

The answer depends entirely on what type of adjusting or reversing entry you are making. Most would be made under the Journal Entries tab.

For example: Salaries expense (debit) and salaries payable (credit). I should entry this in the Journal Entries?

[image] Akbar_Rizky: Salaries expense (debit) and salaries payable (credit). Are you referring to a standard transaction or an adjusting (amendment) transaction. If a standard transaction then that could be done via the Employees and Payslip tabs.

I mean an adjusting entry that can be reversed

You should go with journal entries

Make an Adjusting, Closing, and Reversing Entry?

sharpdrivetek December 9, 2017, 12:30pm 2

please search the forum before posting new topics.

read the below topic.

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Make an Adjusting, Closing, and Reversing Entry?

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