Journal Entry
The Accountant's Dictionary
Fri, Jun 19, 2026
A journal entry is the formal accounting record used to post debits and credits into the ledger.
What Journal Entry means in business operations
Journal Entry is explained here in the context of real finance, payroll, HR, and ERP workflows. This definition is written for business users who need practical understanding that supports implementation, reporting, approvals, reconciliation, and policy decisions.
If you are reviewing related concepts, continue to the The Accountant's Dictionary, browse ERP articles on the Eprecus blog, or explore the Eprecus ERP platform overview.
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Journal entry
A journal entry records a financial event in a structured debit-and-credit format. It may come from operations automatically or be entered manually for adjustments, accruals, reclasses, and close routines.
Why it matters
Journal discipline is a major control area. Weak journal approval or support can create reporting errors, fraud exposure, and audit issues.
How teams use it
Accountants use journal entries for payroll accruals, prepaid expense amortization, corrections, month-end close, intercompany balancing, and management adjustments.
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