What is a "journal entry"?
Journal entries can be used to reconcile your accounts or add manual entries.
For instance, an expense like a checking account monthly fee could be added as a journal entry to ensure that your Zola Suite checking account balance matches the balance in your checking account. Bookkeepers often use journal entries to reconcile accounts across various books and software programs.
How Do I Know When to Use a Debit or a Credit
Double Entry Bookkeeping requires that all transactions be recorded in 2 accounts. Some of your activities in Zola can be done without choosing a debit or a credit. For example, creating a new trust retainer will automatically debit the trust account ...
How Do I Make a Time Entry for My Task?
In Zola Suite you have the ability to easily create a Time Entry for any completed Task. Follow the below directions to learn how to create a time entry for a task: First navigate to the task section of Zola Suite. This can be done through your ...
How Do You Make Journal Entries in Zola Suite?
Journal entries are an essential part of accounting and bookkeeping. Follow the instructions below to manually add journal entries into the General Ledger Hover over the Accounting menu icon and select Banks and Registers Click the + on the top right ...
Time Entry Overview video
This video shows all the different ways to add a time entry into Zola Suite
Can I Edit or Delete Invoiced Time Entries?
Zola Suite allows you to generate invoices from existing Time Entries and Expenses, which are considered "Unbilled Activity." Once the bill is created from that activity, the status will be marked as "Invoiced," and you will no longer see the edit or ...
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