View source for FrontAccounting-2.4.7/C2/Journal-Entry-and-Balance-Sheet-in-FrontAccounting/English



{| style="border-spacing:0;"
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| '''Slide 1''' 

'''Title Slide''' 
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| Welcome to spoken tutorial on '''Journal Entry and Balance sheet in FrontAccounting'''.

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| '''Slide 2'''

'''Learning Objectives''' 

* Pass a '''Journal Entry''' 
* See the reflection in '''Balance Sheet '''and 
* '''Void''' a '''transaction''' 

| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| We will learn how to

* Pass a '''Journal Entry''' 
* See the reflection in '''Balance Sheet '''and 
* '''Void''' a '''transaction''' 

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| '''Slide 3''' 

'''System Requirements''' 

* '''Ubuntu Linux''' OS version 14.04 
* '''FrontAccounting''' version 2.3.24 
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| To record this tutorial, I am using 

* '''Ubuntu Linux '''OS version 16.04 
* '''FrontAccounting '''version 2.4.7

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| '''Slide 4''' 

'''Pre -requisites''' 

To practise this tutorial, you must have knowledge of: 

* Higher secondary commerce & accounting 
* Principles of Bookkeeping 

| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| To practise this tutorial, you must have knowledge of: 

* Higher secondary commerce and accounting and
* Principles of Bookkeeping 

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| You should have already

* Set up an '''Organisation/Company''' in '''FrontAccounting''' 

If not, for relevant '''FrontAccounting''' tutorials please visit [http://spoken-tutorial.org/ http://spoken-tutorial.org] 
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| And you should have already set up an '''Organisation/Company''' in '''FrontAccounting''' 

If not, for relevant '''FrontAccounting''' tutorials please visit this website. 

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| '''Slide 5:'''

'''Start XAMPP service '''
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| Start the '''XAMPP services''' before you begin working on '''FrontAccounting''' interface.

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| Narration 
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| Let us open the '''FrontAccounting '''interface. 

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| Click on '''browser''' >>'''localhost/account''' >> Press '''Enter''' 
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| Open the browser and type '''localhost slash account '''and press '''Enter.''' 

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| Narration 
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| The '''login''' page appears. 

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| Enter '''Username = admin '''and '''Password''' '''<nowiki>= spoken</nowiki>'''>> '''Click''' on login 
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| Type the username as '''admin''' and the '''password'''. 

Then click on '''Login''' button. 

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| Point to>> '''Frontaccounting''' >>
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| The '''FrontAccounting''' interface opens. 

|-
| style="background-color:#ffffff;border-top:1pt solid #000001;border-bottom:0.75pt solid #000001;border-left:0.75pt solid #000001;border-right:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| 
| style="background-color:#ffffff;border-top:1pt solid #000001;border-bottom:0.75pt solid #000001;border-left:0.75pt solid #000001;border-right:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| We will see how to introduce '''capital''' in the business.

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| '''Slide -6'''

'''Journal Entry''' - Example

'''Commenced business with a Capital Rs 5,00,000''' 

The '''Entry''' is 

Cash A/c Dr. 5,00,000 

To Capital A/c 5,00,000 

(Being Capital introduced in business) 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| The '''Journal Entry''' is '''Commenced business with a capital of Rs. 5,00,000'''. 

The '''Entry''' is 

* '''Cash A/c Dr. 5,00,000''' 
* '''To Capital A/c 5,00,000''' 

(Being '''Capital introduced in the business''') 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| We will pass a '''Journal Entry '''for this.

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to '''Banking and General Ledger''' tab 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click on the '''Banking and General Ledger''' tab. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click>> '''Journal Entry '''option >> 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| And then click on '''Journal Entry '''link. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point>> '''Date''' field>> 

Point to the journaldate 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| In the '''Journal date''' field, you can see the default date is set as today. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to '''Reference''' field 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| We can also see the '''reference number '''for the '''transaction'''. 

This is '''auto-generated'''.

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click>>'''Account Description''' drop down box>> 

Select the Account Description >>
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click on the '''Account Description''' drop-down box and select the option '''Cash'''. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click>> '''Debit''' textbox>> type '''5,00,000.''' 

| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click on the '''Debit '''textbox and type the amount as '''Five lakhs.'''

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click on the '''Add''' '''Item''' button 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| To save the '''Debit entry''', click on the '''Add Item '''button in that row.

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to the '''Account''' '''Description''' box >> 

Select '''Capital''' 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Again, click on the '''Account Description''' drop-down box and select the option '''Capital'''. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click>> '''Credit''' textbox>> type '''5,00,000.''' 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Then, click on the '''Credit''' textbox and type the amount as '''Five lakhs.'''

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click on the Add Item button>> 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| To save the '''Credit entry, '''click on the '''Add item''' button in that row.

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click>> '''Memo''' field>> 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Now, click on the '''Memo''' field, for the narration of this '''Journal Entry'''. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to the '''Memo''' field >> 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Here, type the text- '''Being capital introduced in the business.''' 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click>> '''Process''' '''Journal Entry''' button>> 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| To save the '''entry''', click on the '''Process Journal Entry''' button at the bottom of the window.

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| '''Point to the green colour message bar>>''' 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| You can see the message at the top which says, 

“'''Journal entry has been entered”''' 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to the options >> 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| You can also see the '''options''': 

* '''View this Journal Entry''' 
* '''Enter New Journal Entry''' 
* '''Add an Attachment and''' 
* '''Back''' 
|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| '''Click>>View '''this '''Journal Entry''' 

Narration 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Let us explore these one by one.

Click on''' View this Journal Entry '''link.

A new '''popup''' window opens.

It shows the '''General Ledger Transaction Details''' that we have entered just now.

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to '''Print '''and '''Close '''option 

Narration 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| '''Print''' option is to get a print-out of this 

'''transaction''' for our future reference. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to '''Close '''option 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click on '''Close''' link to close this window. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click>>Enter New Journal Entry 

New window opens for the Journal Entry
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Now, click on the '''Enter New Journal Entry''' option. 

A new page opens for the next new '''Journal Entry'''. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| '''Slide 7'''

'''Assignment 1'''

* Pass a '''Journal Entry Goods Purchased for Rs 50,000'''
* '''Office furniture and Equipments (Capital Assets) A/c Dr.'''
* '''To cash(Current Assets) A/c for Rs 50,000''' 

| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Pause the tutorial and do the following assignment. 

* Pass a '''Journal Entry '''for '''Goods Purchased for Rs 50,000'''

The '''Entry''' is:

* '''Office furniture and Equipments (Capital Assets) A/c Dr.'''
* '''To cash(Current Assets) A/c for Rs 50,000'''
* '''Memo: Purchased Office furniture and Equipments for Rs 50,000'''
* Click on '''Process the journal entry'''

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click>>Add an Attachment 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Now, click on the '''Add an Attachment''' link. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to the '''menu''' bar>> Attachment 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| We can see the '''fields:''' 

* '''Transaction''' 
* '''Description '''and 
* '''Attached file''' 

'''Attached file '''is to attach any document related to the '''Journal entry''' which is passed. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Narration 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Let me attach a '''sample voucher '''which I have already created and saved on my computer. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click on the '''Attached file''' text box 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click on the '''Browse''' button and locate the folder in which the file is saved. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to the '''Sample-Voucher''' file 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| I'll select the '''Sample-Voucher.pdf '''file from my '''Desktop''' folder. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to the Browse text box and the file attachment 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| You can see the file attachment here now. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Text box
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| This '''voucher''' has been provided in the '''Code files '''link of this tutorial.

Please download and make use of the file while practising.

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click on '''Add new''' button.
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Then click on the '''Add new''' button.

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Show the message which appears in green 

Point to the message bar 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| A message appears that says: 

'''Attachment has been inserted.''' 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Narration 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Also, you can see that the uploaded file has been added to the table. 

<nowiki><<PAUSE>> </nowiki>

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click>> Back option
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click on '''Back''' option to go back.

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Narration 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Next, let us see the reflection of this '''Journal Entry''' in the '''Balance''' '''Sheet'''. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to '''Banking and General Ledger''' tab 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| To do so, click on the '''Banking and General Ledger '''tab'''.''' 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click>> '''Balance''' '''Sheet''' Drilldown >> 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Then click on the '''Balance''' '''Sheet''' '''Drilldown''' link. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to '''Current''' '''Assets''' 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| We can see the '''transaction''' is reflected here. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to the '''Assets '''and '''Liabilities''' 

Narration 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| In the future, when we have many more '''journal''' '''entries''', the displayed list would be longer. 

<nowiki><<PAUSE>> </nowiki>

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Narration 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Next, let us see how to '''void''' a '''transaction'''. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click>> '''Setup''' tab>> 

Click>> Void a transaction>> 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click on the '''Setup''' tab. 

In the '''Maintenance''' panel, click on '''Void a transaction''' link.

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Narration 

Point to the reference number field>> 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| This option is used to delete/remove an '''entry'''. 

We can see the reference number, which shows the '''entry'''. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to 002/2019

>> Click on '''GL''' column icon
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Let’s select reference '''002/2019''' to '''void transaction'''.


Click on the icon in the '''GL''' column to verify the details before deleting the '''entry'''.
|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"|New pop-up opens >> Point to '''Office furniture and Equipments.'''

Click on '''Close''' link.

| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"|We can see this '''entry''' for goods purchased for Rs 50,000 for '''Office furniture and Equipments.'''

Click on the '''Close''' link at the bottom of the window.

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to the '''select '''icon 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Now, click on the icon in the '''Select''' column. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Point to the '''entry''' shown in the field 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| On selecting the icon, the '''transaction''' number and '''voiding''' date appears. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| '''Click >> Void Transaction '''button'''>>''' 
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| Click on the '''Void Transaction '''button. 

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| '''Point to message bar '''
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| It displays a message:

'''Are you sure you want to void this transaction? This action cannot be undone.'''

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| '''Click>> Proceed button>>'''
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| I will click on the '''Proceed''' button. 

Immediately another message appears and says: 

'''Selected transaction has been voided.''' 

That’s how we can '''void '''a '''transaction, '''whenever it is required.

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| '''Narration '''
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| This brings us to the end of this tutorial.

Let us summarize.

|-
| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| '''Slide 8:'''

'''Summary''' 

We learnt to&nbsp;: 

* Pass a '''Journal Entry''' 
* See the reflection in '''Balance Sheet''' 
* '''Void '''a''' transaction '''

| style="background-color:#ffffff;border:0.75pt solid #000001;padding-top:0.106cm;padding-bottom:0.106cm;padding-left:0.078cm;padding-right:0.106cm;"| We have learnt 

* Pass a '''Journal Entry''' 
* See the reflection in '''Balance Sheet''' 
* '''Void '''a''' transaction '''

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| '''Slide''' 9''':'''

'''Acknowledgement''' 
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| 
* The video at the following link summarises the Spoken Tutorial project.
* Please download and watch it

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| Slide 10:

About workshops
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| The''' Spoken Tutorial Project''' Team conducts workshops and gives certificates.

For more details, please write to us. 

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| Slide 11:

Forum for specific questions:
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.062cm;padding-right:0.191cm;"| Please post your timed queries in this forum. 

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| '''Slide 12:''' 

Acknowledgement
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| Spoken Tutorial project is funded by NMEICT, MHRD, Government of India.

More information on this mission is available at

this link.

|-
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| '''Previous slide'''
| style="background-color:#ffffff;border:1pt solid #000001;padding-top:0cm;padding-bottom:0cm;padding-left:0.206cm;padding-right:0.191cm;"| The script and video has been contributed by Spoken Tutorial team. 

This is Pratik kamble signing off. '''Thanks '''for joining. 

|}