Learn How To Create Compound Journal Entries In Excel Today [General Journal Pt. 2]

Поделиться
HTML-код
  • Опубликовано: 20 окт 2024

Комментарии • 72

  • @ExcelForFreelancers
    @ExcelForFreelancers  5 месяцев назад

    🔥Download 350 Of The Worlds Best Templates Here ► rebrand.ly/350Wkbks_YTPinnedCom

  • @alphastudiomz
    @alphastudiomz Год назад +1

    Hi mister, My master. your teachings are incredible and I am learning a lot.
    Now I have a question, I would like to add "composite entries" to debit and credit. It's possible?
    In my country's accounting, we have often had several debits and several credits

    • @ExcelForFreelancers
      @ExcelForFreelancers  Год назад

      YEs for sure we call that also compound or split transactions, You can add an additional table, linked to the original transactions that links all of your composite entries together. I hope this helps and thanks so much.

  • @roseannb.3870
    @roseannb.3870 5 лет назад +3

    This is great!! Thank you for all your how-to videos, I've learned and applied a lot of them. Can you also make a how-to video about records and office file manager? Thanks and awesome job!

    • @ExcelForFreelancers
      @ExcelForFreelancers  5 лет назад +1

      Hi Rose, thanks so much. I am glad you like it. I have a few videos on my channel to help with records management. you can do a search for "File Manager" and another for "Email Manager" both series will help you organize your files. Thanks so much.

    • @roseannb.3870
      @roseannb.3870 5 лет назад +1

      @@ExcelForFreelancers Thank you! I did not expect to receive a reply.

  • @rofiqulislam7544
    @rofiqulislam7544 2 года назад +1

    Very good video ❤️❤️❤️

  • @SyedMuzammilMahasanShahi
    @SyedMuzammilMahasanShahi 5 лет назад +1

    As always, beautiful work. Loving it. Thanks for the share.

    • @ExcelForFreelancers
      @ExcelForFreelancers  5 лет назад

      For sure, you are very welcome Syed, I am really glad you enjoyed this training as well.

  • @hassaninel-gazzar3659
    @hassaninel-gazzar3659 5 лет назад +1

    It's amazing program from amazing teacher. Thanks for your effort.

  • @charliedeutsch8392
    @charliedeutsch8392 5 лет назад +1

    Randy, awesome job. Looking forward to the mentor-ship program!

    • @ExcelForFreelancers
      @ExcelForFreelancers  5 лет назад +1

      Thanks so much Charlie. I am really looking forward to it as well. I will finally get the chance to dig in deep and create programs from A to Z.

  • @charlesbrathwaite595
    @charlesbrathwaite595 10 месяцев назад +1

    How would you go from journal to create both the balance sheet and statement of financial position

    • @ExcelForFreelancers
      @ExcelForFreelancers  10 месяцев назад

      Hi and thanks so much for your comment. I share that with you here: ruclips.net/video/4j9XtiCFsz8/видео.html
      I hope this helps and thanks so much.

  • @rezawasil
    @rezawasil 3 года назад +1

    Great learning

  • @glendtaylor794
    @glendtaylor794 4 года назад +2

    Great work. I am having an issue that the data validation for the first row of a new entry is allowing for a compound entry selection and the second row of the new entry does not. Is there somewhere in the vba when new rows are added to the bottom that the proper data validation rules are applied

    • @ExcelForFreelancers
      @ExcelForFreelancers  4 года назад

      Hi Glen, I saw your post in our group and I added an answer there. Thanks so much.

  • @followthetruth3283
    @followthetruth3283 5 лет назад +1

    Woo. I'm excited to watch this....thanks Sir....

    • @ExcelForFreelancers
      @ExcelForFreelancers  5 лет назад +1

      Thanks so much. I hope you enjoyed it.

    • @followthetruth3283
      @followthetruth3283 5 лет назад

      @@ExcelForFreelancers yes of course.... your work is really great.. As an Accountant, I still not get the things what I need.

  • @mdsaiful6294
    @mdsaiful6294 2 года назад +1

    Good video

  • @truongductai
    @truongductai 5 лет назад +1

    thank you for your lesson

  • @MohamedSaleh-yo4ch
    @MohamedSaleh-yo4ch 3 года назад +1

    When making a free entry
    It has more than 100 movements, for example, and let it be, for example, 50 debits of the fund, fifty of the bank, fifty debits of expenses, and fifty debtors of commission, and we recorded those with a total of three movements with a total debit of 200.
    Here I mean that the difference always appears between the transactions and always, and its second value appears. Why is the balance of each account before the movement and the balance of the account after the movement on me, and this is an exception to the entry work
    Third
    I saw the details of the movements on the account and the rest of the accounts. A composite entry is running. This entry must be run. Each independent account appears with transactions with a previous balance.
    And a balance after the movement that shows the total balance of the main account for those sub-accounts, for example in expenses, or customers, or various creditors or various debits.
    Thank you

    • @ExcelForFreelancers
      @ExcelForFreelancers  3 года назад

      Hi and thanks you are welcome to download this application and customize it however you like. I hope this helps and thanks so much.

  • @mheiiiya9445
    @mheiiiya9445 3 года назад +1

    Thank you so much sir, but can you help me add compound entries for the debit sides too?
    Thank you in advance

    • @ExcelForFreelancers
      @ExcelForFreelancers  3 года назад

      Hi and thanks you are welcome to request a PAID JOB in our Excel For Freelancers Facebook Group here: bit.ly/groupexcel
      We have 30,000 Members who would love to help you with this. Thanks so much.

  • @thankuish
    @thankuish 3 года назад +1

    Super amazing. 🙂👍🏻❤️❤️

  • @BangFey890
    @BangFey890 5 лет назад +1

    great tutorial, I'll wait

  • @abubakarmughal1692
    @abubakarmughal1692 3 года назад +1

    That is amazing and great video
    but how i can developed this type of program initially, because i am student of accounts and finance. Guide me

    • @ExcelForFreelancers
      @ExcelForFreelancers  3 года назад

      HI and thanks. I am creating an entire accounting application from scratch including Invoicing, Inventory, Purchases, Bills, Credits, Charges, Recurring Transactions, General Journal, Chart Of Accounts, Sharing & Sync, Dashboard and a ton more in my Mentorship Program. You can learn more and join us here: www.excelforfreelancers.com/product/excel-for-freelancers-mentorship-program/

  • @Kacess
    @Kacess 2 года назад +1

    Hi do you have the whole accounting software? where to buy?

    • @ExcelForFreelancers
      @ExcelForFreelancers  2 года назад

      HI and thanks I have the entire accounting application as part of the Mentorship course available here: www.excelforfreelancers.com/product/excel-for-freelancers-mentorship-program/
      I hope this helps and thanks so much.

  • @ghalebdiya2753
    @ghalebdiya2753 3 года назад +1

    Hi There..it's a great tool ..how can i get it..please advise...thanks

    • @ExcelForFreelancers
      @ExcelForFreelancers  3 года назад

      Hi Ghaleb, you can download this file using the links in the description above with either your email or Facebook Messenger. I hope this helps and thanks.

  • @MohamedSaleh-yo4ch
    @MohamedSaleh-yo4ch 3 года назад +1

    I need to use one list only one list from which I can call at any account both of basic account or sub account and automatically transfer transaction to ledger and the balance sheet and the financial lists
    Also want to Have option if I want make Pick up automatically or manually also want the sheet Has option to ask me what method you want to evaluate the final stock when I press one button to evaluate the final stock when I Start to go to Prepare final lists
    Too thanks

    • @ExcelForFreelancers
      @ExcelForFreelancers  3 года назад +1

      Hi and thanks for your comment. The application is open and you are welcome to customize this to fit your exact requirements, however I am unable to take on any projects of my own. If you would like some help with this, we have a group with 40,000 Excel experts who would love the opportunity to customize this for you. Please join our Excel For Freelancers Facebook Group here: bit.ly/groupexcel (if you have not done so yet)
      You can then create a post and mark it as a PAID JOB, along with all of the details and requirements. Our members can then contact you and decide on how to best move forward with your project.
      I hope this helps and thanks so much.

  • @almutwakkalenterprises3395
    @almutwakkalenterprises3395 5 месяцев назад +1

    how can free download this template sheet? is it available or not?

    • @ExcelForFreelancers
      @ExcelForFreelancers  5 месяцев назад

      Hi, you can download this file using the links in the description under the word DOWNLOAD. I hope this helps and thanks.

  • @MohamedSaleh-yo4ch
    @MohamedSaleh-yo4ch 3 года назад +2

    Where is the defrent number between debit and credit during entry to descover any mistake?

    • @ExcelForFreelancers
      @ExcelForFreelancers  3 года назад +1

      Hi and thanks this double entry will show both Debit & Credits and they must always match. I hope this helps and thanks so much.

  • @betaniamariesarmiento5712
    @betaniamariesarmiento5712 2 года назад

    Great video! How about if i make compound entry on even rows? what will be the code

    • @ExcelForFreelancers
      @ExcelForFreelancers  2 года назад

      Hi and thanks it would be difficult to write that code into a RUclips comment however I teach that in my Excel For Freelancers Mentorship course in which I design a complete Accounting application here: www.excelforfreelancers.com/product/excel-for-freelancers-mentorship-program/

  •  5 лет назад +1

    Hello Randy. Have you thought of a way to expand all the compound entries in just one click? That would be sooooooooo useful ...

    • @ExcelForFreelancers
      @ExcelForFreelancers  5 лет назад

      HI Helene, it works in just one click the way it is now (one click to expand, one click to close) IF you mean when we select on the transaction, then that would be super simple, to just check if it contains "[Compound Entry]" then automatically expand it. That is more of a personal choice so it would be just one line of code for you to add if that is what you would like to happen.

    •  5 лет назад +1

      @@ExcelForFreelancers I really mean expanding all the compound entries in one click. Let's say I have 8 or 10 compound entries in a given month and I want to see all the details of all the entries at a glance, it would be nice to be able to click on a single icon to "open" all the compound entries, not having to click on 8 or 10 icons. Really a "plus" when you have to review your accounts at the end of the month. Thanks Randy.

    • @ExcelForFreelancers
      @ExcelForFreelancers  5 лет назад +1

      Hi Helene, sure that could be completed quite easily with a For/Next Statement along with an If/Then statement. I just worry if the user has selected all dates, there could be a few thousand rows and this would take some time to complete. Thanks very much.

    •  5 лет назад +2

      @@ExcelForFreelancers Well, I think that the user will select one month at a time so it wouldn't be such a big issue (that's how I would search). Thanks.

  • @matagerfinance7383
    @matagerfinance7383 8 месяцев назад

    You're GREAT❤

  • @MrUmesh2012
    @MrUmesh2012 3 года назад +1

    Can you share video on Advanced ladger accounts

    • @ExcelForFreelancers
      @ExcelForFreelancers  3 года назад

      HI and thanks this is the only one I have (part 1/ Part 2) however I have done an Advanced one in the Accounting application that I am developing in the Mentorship Program. You can learn more about that here: www.excelforfreelancers.com/product/excel-for-freelancers-mentorship-program/

  • @assamiyou
    @assamiyou 5 лет назад +1

    Do you use "application.screenupdating = false" ? if not, you should

    • @ExcelForFreelancers
      @ExcelForFreelancers  5 лет назад

      Hi Jonas, I use it quote often actually. You will see when you download the workbook it is contained in a module already as part of a StopCalc and StartCalc macros.(along with calculations set to manual as well) I use it to speed up the macros in many macros where i want it to speed things up. Thanks for your comment.

  • @olayinkaakosile
    @olayinkaakosile 3 года назад +1

    Hello Randy, thank you. I tried to delete all dummy entries and insert fresh ones, but once i click on refresh, everything will reset and all old entries are back. Is there any way I can permanently delete entries?

    • @ExcelForFreelancers
      @ExcelForFreelancers  3 года назад

      Hi and tanks. Make sure you clear all the original data and watch the complete video to learn how to locate the original data. I hope this helps. Should you have any additional questions, please join our Excel For Freelancers Facebook Group in which we have thousands of Excel experts who can guide and help you with your Excel Questions. Just post your detailed question, and upload your current workbook, or post detailed screenshots so we can get you the answers you need, fast. Please join here: bit.ly/groupexcel

  • @faisalalhazmi7351
    @faisalalhazmi7351 11 месяцев назад +1

    Words is not enough to explain our feelings 😅

    • @ExcelForFreelancers
      @ExcelForFreelancers  11 месяцев назад

      Thank you so very much, I really appreciate that Faisal :)

  •  5 лет назад +1

    Hello Randy. There is a problem with the file. Within compound entries, certain accounts and amounts appear twice. And if we correct the entries, close the compound entry and then open it again, the entries are multiplied.

    • @ExcelForFreelancers
      @ExcelForFreelancers  5 лет назад

      Hi Helene, Thanks very much for alerting me to this. I will be doing a complete Accounting application in which all small issues get fixed. I should launch that program next month so please make sure you get signed up as an Early Bird Member here: bit.ly/MentorshipProgram_EarlyAccess

  • @asiifshaikh
    @asiifshaikh 4 года назад +1

    Is there anyway to void an entry?

    • @ExcelForFreelancers
      @ExcelForFreelancers  4 года назад

      HI and yes you can change the # to Void if you like it or add additional functionality for that. I am teaching VOID Transactions in the accounting application that I am building inside the Mentorship program here: bit.ly/MentorProgram_YTComment

  • @aamirsayany4947
    @aamirsayany4947 4 года назад +1

    I want to create vendor tax management software in excel can you help me

    • @ExcelForFreelancers
      @ExcelForFreelancers  4 года назад

      HI Aamir, thanks very much. I am unable to take on any projects however if you email me a detailed project scope I can refer it to a qualified developer. Randy@ExcelForFreelancers.com
      Thanks very much