Journal Entry Types

Journal Entry Types are a designation for a Chart of Accounts entry so that we know which account to use to post items to a Journal Ledger (e.g. QuickBooks).  They are not generally set on standard sellable product items.  For example, in order to know which chart of account is used for Visa transactions – you would select Journal Entry Type Visa for your Visa account.  A specific Journal Entry Type can only be set on ONE Chart of Account.

• AccountsReceivable =1,
  •    Identifies the account to use for money that is owed buy not yet paid
• SalesTax=2,
  •    Identifies the account to use for Sales Tax   
• TipsPayable=3,
  •    Identifies the account to use for tips which have not yet been paid
• Cash=4,
  •    Identifies the account to use for cash transactions
• StoredValue = 5,
  •    Identifies the account to use for stored value transactions
• Credit = 6,
  •    Identifies the account to use for miscellaneous credit transactions (other than Visa, Master Card, Discover, American Express)
• Visa = 7,
  •    Identifies the account to use for Visa transactions
• MasterCard = 8,
  •    Identifies the account to use for Master Card transactions
• Discover = 9,
  •    Identifies the account to use for Discover transactions
• AmericanExpress = 10,
  •    Identifies the account to use for American Express transactions
• TransactionFee = 11,
  •    Identifies the account to use for transaction fees
• Discounts = 12,
  •    Identifies the account to use for discounts
• Check = 13,
  •    Identifies the account to use for payments by check
• TipsCashedOut = 14,
  •    Identifies the account to use for tips which have been cashed out
• DueTo_From = 15,
  •    Identifies the account to use for transfers between entities
• DeferredSales_SessionProducts = 16,
  •    Identifies the account to use for tracking deferred sales for Session Products
• DeferredSales_Tickets = 17,
  •    Identifies the account to use for tracking deferred sales for Tickets
• DeferredSales_Tips = 18,
  •    Identifies the account to use for tracking deferred sales for Tips
• DeferredSales_Membership = 19,
  •    Identifies the account to use for tracking deferred sales for Membership Products
• Unassigned = 20,
  •    Identifies the account to use when the account is unknown – not yet configured
• EarnedSales_Events = 21,
  •    Identifies the account to use for tracking earned sales for Events
• DeferredSales_Events = 22
  •    Identifies the account to use for tracking deferred sales for Events