Journals
Journals are used ONLY for the following purposes:
- Settlement discount
- Small balance write off
- Bad Debt write off
DO NOT USE JOURNALS TO CORRECT ERRONEOUS INVOICES OR RECEIPTS - otherwise your reporting will be incorrect as journals combine your turnover and cash flow.
Click http://learning.goodx.co.za/mod/page/view.php?id=4316 link to open resource.