Small business users of QuickBooks may rarely, if ever, need to make a journal entry in their books. A journal entry splits a transaction into two parts, recording a debit for one account and an equal ...

Tracking your company’s spending is essential for maintaining accurate financial records. One financial accounting method businesses use is the payroll journal entry. Payroll journal entries record ...

Accrued payroll is another term for accrued wages and salaries, which are labor costs that companies incur over time. Because companies pay employees wages and salaries periodically, daily journal ...