Journal entries are used in accrual accounting to record payroll expenses that have been incurred, at the time the expense becomes payable. Unlike cash accounting, which records payments when they are ...

Successful businesses must stay on top of their accounting. Learn how to use payroll journal entries to track wages and other financial data.

QuickBooks offers several methods for tracking inventory. All methods create journal entries when inventory changes occur. However, some QuickBooks users prefer to manually make journal entries to ...

A recount is a way of telling others what has happened to you. A diary entry is a type of recount. Here are some key features to remember when writing a recount: Write your recount in the first person ...