Add a journal entry

Use the Journal entries
tab to add a journal entry to an engagement. If you are working in a parent consolidated engagement, you can add journal entries directly to child engagements without leaving the parent.

You'll need a user account that has been granted permission to Add Journal Entries
. Before you can add a journal entry, there will also need to be a Client, an Engagement, and some amounts in the Trial Balance.

On the Engagement dashboard, select the engagement to view it.

note

If the engagement is not on your

Engagement dashboard

, use Open engagements
to add it.

Select the Journal entries
tab.

Select the

Add entry
link.

If you are working in a parent consolidated engagement, select the child engagement you want to add the journal entry to from the Engagement
dropdown.

note

The Engagement
dropdown only appears in parent consolidated engagements. The account list updates to display only the accounts that belong to the selected child engagement. If you are working in a divisional engagement, select the division you want to add the journal entry to from the Division
dropdown. The account list updates to display only the accounts that belong to the selected division.

Enter a reference number in the Reference
field, then choose a Type
for your journal entry.

Non-consolidated engagements: Adjusting, Reclassifying, Federal Tax, State Tax, Other, Other 2, Other 3 and Proposed.

Consolidated engagements: Eliminating, Reclassifying, Federal Tax, State Tax, Other, Other 2, Other 3 and Proposed.

Choose from one of the following Roll Forward options:

Exclude

Include

Reverse

Zero balances

You can add a workpaper reference by using the Workpaper reference
field or look up the workpaper by using the Search
button. Select X
to remove the reference. If you choose to enter a workpaper reference, you can also select Attachment
to add a reference used by another existing workpaper.

Enter the Account
, Description
, Debit
, and Credit
.

Select

Select Account
to open the

Select Account

screen, where you can search for accounts by the account number or description and select one or multiple accounts, then select Add to journal entry
to add it to the grid.

Optional: Select Add new account
if you want to add new accounts while you're on this screen.

Optional: Select Columns
to customize the columns you want to display on this screen.

You can select the Trial balance
link to open the trial balance in another window.

Engagement Manager saves the journal entry automatically, but you can select the Done
button to go back to the list of journal entries.

The Journal Entries grid on the Journal entries
tab and the Adjusting JE column of the Trial Balance tab are updated with your saved entries.

note

You can enter journal entries that are out of balance. If a journal entry is out of balance, this is indicated on the Status
column.

This article applies to:

Product: Engagement Manager
Subject: Journal entries

Justly Prudent achieves 5 times the ROI with CoCounsel

AI that delivers

Speed meets confidence

Streamlined matter management

Compliance without complexity

CoCounsel Legal

CoCounsel Tax

Global Classification AI

CLEAR Investigate

Tax Quickfinder

Small firms

CoCounsel Legal

Contact sales

CoCounsel Tax

Contact sales

ProView

Chosen by changemakers

Legal enhancements

Add a journal entry

This article applies to:

Related Content