This tutorial takes you through the process of printing General Ledger in QuickBooks
Creating a general ledger is one of the key features of QB accounting software. It enables business owners and accountants to easily access a snapshot of their transactions. Each time you make a payment, receive a payment or perform any other transaction – create a Journal Entry and the task will be included in your general ledger. It also enables you to customize your accounts available via the basic account manager in QuickBooks. If you aren’t already aware of the process, read on this article to know how to print a general ledger in QuickBooks.
Moreover, if you are seeking for expert assistance or professional guidance you can simply ring up at our toll-free number i.e. 1-800-969-7370. Our technical support team will be happy to carry out these activities on your part. Thus, do not hesitate in calling us anytime!
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What is QuickBooks General Ledger Accounting?
Well, a QuickBooks general ledger is a kind of a specific report of all transactions that are posted to each account and for each and every transaction, there is a credit and debit account, so it lists them all up. The user might pull up the trial balance to see the summary balances for all accounts’ debits and credits.
It should be noted that the QuickBooks accounting software supervises the financial data of the company and other tasks that were previously required to be completed by a full-time accountant. QuickBooks accounting software also carries out the calculations organizes information by an accountant, and also alert the users at the time of incorrect debit or credit.
Basics of a QuickBooks General Ledger
When a particular part record manually, he/she gets separate journal for each task. The journals are mainly divided into three parts:
- Accounts receivable: The daily record of company’s sales and receipts, and also the invoices that the clients haven’t paid
- Accounts Payable: The daily record of the company’s purchase and also the invoices that the company is supposed to pay
- Payroll: This holds the record of each employee’s compensation and also checks written to pay the employees and then related payroll taxes
The user is supposed to enter the monthly activities into the general ledger in a summarized way.
How to create Journal Entries for General Ledger?
It’s useful to discuss the process of creating Journal Entries for the general ledger prior to knowing the steps for printing the general ledger in QuickBooks. Start by logging into your QuickBooks account, tap on the Company drop-down menu and then the Make General Journal Entries option. Now put in the date for the Journal Entry in the calendar and the “Account” menu to stipulate if it’s a debit transaction. Put in the total value of the recorded transaction in the column for Debit and then state the amount you are inclined to use to indicate a deposit. Read and provide the required information and the rest of the fields, and hit Save and Close once you are done.
Steps to find the General Ledger Report
The user can carry out the steps below to find the general ledger report:
- First of all, select the reports option from the left navigation panel and then select close all option.
- And then, scroll down to the bottom of the screen and then select For my accountant
- After that select General Ledger
- And select the date range and also choose Cash or accrual basis
- The last step is to select run report to generate the report.
How to print a General Ledger in QuickBooks?
Once you are aware of the process to create Journal Entries for QuickBooks, it will be fairly easy for you to print the general ledger. In order to perform it you simply have log in to your QB account, then select the “Reports” and “Accountant & Taxes,” and then “General Ledger.” The aforementioned path will take you to a print screen page where you can specify the formatting options in regards to your printed general ledger. And that’s all you need to know to print general ledger in QuickBooks. Simple, isn’t it?
The printed general ledger report shows the activities related to your QuickBooks account within a particular period of time. The report will also show all of the transactions made from each account. The reports in General ledger by default are shown as the current month to date but you can make changes in the date range from the drop-down list.
We hope you find this quick guide to print a General Ledger helpful. If you have any queries, you can contact our 24×7 QuickBooks enterprise support Team for assistance. You can call us at our toll-free number i.e. 1-800-969-7370, and let our experts handle the issue for you. Call us whenever you need, we will be happy to help you!
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