How do you make sense of this entries in General Ledger Entries in Navision 2018?

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Posted on by joshtechsolutions

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Hi Community,

I would like to ask how do you read the entries in this? Where you have GL accounts on the left and the Balance account on the right.

When accounts read this, Is it read this way? We DEBIT the Bank account and CREDIT the G/L Accounts?

Thank you!

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Inge M. Bruvik 1,105 Moderator on at

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That is decided by the sign of the amount. If the amount is positive then the G/L account is the debet account and the Bal account is the credit account.

Visa versa if the amount is negative.

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YUN ZHU 95,321 Super User 2025 Season 2 on at

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Hi, Although it may be negative, I think you're right.

Actually you can use the following function. The default setup is Amount Only.

Let me show All amounts.

This can help you understand which side is DEBIT or CREDIT.

Hope this will help.

Thanks.

ZHU

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Community Member on at

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Josh,

It depends on how a User, Accountant, Bookkeeper, Controller, Finance Analyst, who create General Journals wants to enter them. Let me explain...

In a General Journal you have Left Side and Right Side. On the Right Side you have Bal. Account Type and Bal. Account No.. Left Side you set the Account Type and No. You can enter any Type on either side but the Amount defines whether the Right is Positive (Debit) or Negative (Credit).

In the case of a Cash Receipts Journal, most users will enter left side as Customer, Vendor, or G/L Account (when the money is not a payment from Customer or refund from Vendor) and the Bal. Account Type = Bank Account. The Amount will reflect the impact to the Account Type. In the case of a Customer its Negative (Credit), a Vendor Positive (Debit), and G/L Account Negative (Credit).

Hope this helps.

Thanks,

Steve

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