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All You Need to Know about Manual Journals in Xero
Every accountant must have a few tools in their toolbelt. The journal entry is probably the #1 most-used tool. Whether it is to record expenses, liability accruals at the end of the month, or to process prepaid expenses, the journal entry is one of the most widely used tools in accounting. Xero makes the entry process simple with manual journals. Throughout this chapter, we will give you the knowledge of when and how to use manual journals like an expert so you can confidently record your journal entries with ease.
In this chapter, we’re going to cover the following main topics:
- The Xero rules for the manual journal
- Standard manual journal entry
- Repeating journal entry
The manual journal ...
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