PSA L&P - Journal Entries: How to record a withdrawal from a checking account

How to record a withdrawal from a checking account

  1. Go to Ledger & Payables → Journal Entries.
  2. The cursor will reset in the Comment field where you may add a comment if you wish.
  3. To record a withdrawal from checking, select the checking account in the grid and use the credit column to record the amount. 
    • Add a line-item comment if you wish.
    • Add a Project if you wish.
  4. Select an offset account chosen by your bookkeeper, finance committee, or accountant. Add the amount for the offset account in the debit column.
    Withdrawal_from_checking.png
  5. Click Submit.

The withdrawal will show up in your Bank Reconciliation under Journal Entries. 

 

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