What is the Status Bar in Journal Entries for.
It is a troubleshooting aid. All transactions in double-entry accounting must have debits equal to credits. Most transactions in Manager handle everything necessary in this regard automatically, making it impossible to create an unbalanced transaction. Only with journal entries must the user identify both the account(s) being debited and the account(s) being credited and enter amounts that sum to zero.
The status indicator will flag an unbalanced transaction, such as when trying to rectify amounts in the Suspense account.
Thank you.