Meaning & use

Journalizing

noun·Academic

Last updated

In accounting, the process of recording business transactions in chronological order in a journal before posting them to ledger accounts.

See it in a sentence

The bookkeeper spent the morning journalizing the week's sales and expenses.

Errors in journalizing can throw off an entire set of financial statements.

A note on using this word

Journalizing is the first step in the accounting cycle, preceding the transfer of entries to the general ledger.

Words with a similar meaning

recordingposting

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