Posting Transactions to General Ledger

The following table illustrates what the general ledger entry looks like after the Bank Reconciliation Transaction Register is updated for transactions manually entered in Check, Deposit and Adjustment Entry.

Using bank code A, which is associated with cash account number 100-01-00:

Transaction
Type

Amount

Select For G/L Posting

Distribution Account No.

General Ledger Entry

Account
No.

Debit

Credit

Check

$100

selected

Expense

Cash

$100
(decrease)

Expense

$100

Deposit

$200

selected

Revenue

Cash

$200
(increase)

Revenue

$200

Adjustment

$5

selected

Expense

Cash

$5
(decrease)

Expense

$5

Adjustment

-$10

selected

Expense

Cash

$10
(increase)

Expense

$10

Bank Charge

$15

selected

Expense

Cash

$15
(decrease)

Expense

$15

For more information, see:

Reconcile Bank

Bank Reconciliation Report

Transaction Type	Amount	Select For G/L Posting	Distribution Account No.	General Ledger Entry
				Account No.	Debit	Credit
Check	$100	selected	Expense	Cash		$100 (decrease)
Check	$100	selected	Expense	Expense	$100

Deposit	$200	selected	Revenue	Cash	$200 (increase)
Deposit	$200	selected	Revenue	Revenue		$200

Adjustment	$5	selected	Expense	Cash		$5 (decrease)
Adjustment	$5	selected	Expense	Expense	$5

Adjustment	-$10	selected	Expense	Cash	$10 (increase)
Adjustment	-$10	selected	Expense	Expense		$10

Bank Charge	$15	selected	Expense	Cash		$15 (decrease)
Bank Charge	$15	selected	Expense	Expense	$15