Journal types are used to categorise different types of transactions into logical groups for efficient reporting.
To create a new journal type go to Settings - Accounting/Invoicing - Journal Types.
- Enter the code you want on the Journal Types followed by a description under Description. Check the Manual Entry for the journal types for which you want to enable manual registration of journals. Check the Accrual box for the journal types for which you want to enable accrual registration of accruals.
- When you are done, click Save.
If you want to remove journal types you do not use, simply click on the recycle bin icon. Only journal types that have not been used previously can be deleted.