Use the Reclassifying entry Type to move balances for financial statement presentation purposes only. For example, you may want to reclassify debit balances in accounts payable to accounts receivable. This has no effect on the client’s general ledger.

 

 

When in an adjusting journal entry dialog box, if you want to look up what the account is you want to include in your journal entry, click on the pull-down menu in the Number column. The Type Letters for Quick Lookup dialog box appears.

 

Click on the account Number or Name column heading to change the order the accounts are listed. If you click on the Name column heading, you can find an account by typing in part of a description (e.g. type "L" for Land). This is very useful when you are not familiar with the client’s account numbers.