In this lesson, you will learn how to create a Journal Entry Template under General Ledger in Parsimony.com. A journal entry template is a pre-defined set of rules that can be used to create journal entries for recurring transactions. Once a template is created, you can use it to quickly and easily create journal entries without having to enter all the details each time.
The steps to create a Journal Entry Template in Parsimony.com are:
- Log in to your Parsimony.com account and navigate to the General Ledger module.
- Click on “Journal Entry Templates” in the left-hand menu.
- Click the “New” button to create a new template.
- Enter a name for the template and any other relevant information such as the account codes and amounts.
- Click the “Save” button to save the template.
Once you have created a Journal Entry Template, you can use it to quickly create journal entries by selecting the template and entering any necessary details such as the date and description. This can save time and reduce errors when entering recurring transactions.