How to Make a Journal Entry Correction on Peachtree

Correcting a journal entry.

Peachtree accounting software uses journal entries to help the bookkeeper or accountant keep the general ledger accounts in balance. When you are reconciling the general ledger for the month-end financial statements, you may find that a journal entry has been entered incorrectly. In Peachtree, correcting a journal entry is simple.

Things You'll Need

• Peachtree Complete Accounting Software

Instructions

1. Choose "Task" from the menu bar and choose "General Journal Entry" from the drop-down list.

2. Choose "List" or "Open" button from the Journal Entry menu bar. The name of the button will depend on the version of Peachtree you are using. The journal entries that have been entered for the current period will display. To see a prior period, select the "List" button and enter the date range or period.

3. Double-click the journal entry you would like to correct.

4. Correct the general ledger account, debit amount or credit amount, and choose "Save."

Tips & Warnings

• Use the "Back" and "Forward" buttons on the Journal Entry screen if you are unsure of the period, or if you want to correct all entries using a specific general ledger account.

References

• "How to Use Peachtree," Page 7; Peachtree; 2003