Accounting › Section F · Accounting information systems › Topic F.2
Special journals and how to use them
A busy shop can make hundreds of credit sales a month, and writing each one out in the general journal wastes time and invites posting errors. Special journals group repetitive transactions into columns, so a month of activity is posted with a handful of totals.
In this topic
- Why special journals exist
- The four special journals and the general journal
- Choosing the right journal
- Posting from a special journal
- Worked example: a week in the sales journal
- The cash receipts journal
- Worked example: cross-footing the cash receipts journal
- Purchases and cash disbursements journals
- Special journals in a computerised system
- Common mistakes to avoid
- Key takeaways
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