Follow these steps to create a journal entry in NetSuite: 

Step 1: Log In to NetSuite 

  • Use your credentials to log in to your NetSuite account. 

Step 2: Navigate to the Journal Entry Section 

  • From the Transactions menu, hover over Financial. 
  • Select Make Journal Entries. 

Step 3: Enter the Basic Journal Entry Details 

  • Date: Choose the date for the journal entry. 
  • Posting Period: Verify or select the correct posting period. 
  • Currency: Ensure the correct currency is selected, if applicable. 
  • Memo: Optionally, enter a memo to describe the purpose of the journal entry for future reference. 

Step 4: Add the Journal Entry Lines 

  • Account: In the Account column, select the account you want to debit or credit. 
  • Debit and Credit Amounts: Enter the debit amount in the Debit column and the credit amount in the Credit column. Make sure that the total debits equal the total credits for the entry to balance. 
  • Department/Class/Location: If applicable, choose the department, class, or location to track this journal entry. 

Step 5: Review and Balance 

  • Ensure that the journal entry is balanced (debits equal credits). 
  • Double-check the accounts, amounts, and any classification options like departments, locations, or classes. 

Step 6: Save the Journal Entry 

  • Once everything is correct, click Save to post the journal entry. 

By following these steps, you can successfully create and post a journal entry in NetSuite.