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Journal entries do not require knowledge of debits or credits


Many systems require a detailed knowledge of accounting that only an accountant may have. Basic Builder® is a less demanding system. Only when the system is setup must the accounts be marked with their normal balance of credit or debit. We provide a sample set of accounts with this normal balance specified. When using journal entries (typically at the end of the month) you indicate whether your entry should cause an increase or a decrease in the account's balance. The program determines if a credit or a debit is required. To protect the integrity of your books, the program requires double entry balancing and will not let you leave until the session is in balance.

Few but the most sophisticated software programs offer posting to the Job Cost ledger by using a journal entry. Basic Builder® makes this simple and easy as you can see below:




Return to General Ledger Overview

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