Journal entry builder

How to review the draft

1. Choose the transaction and amount, then review account names against your chart of accounts. Names can be edited in the table without changing line amounts.
2. For a manual journal, add between two and 16 lines. Each line uses one side only. Export is enabled once total debits equal total credits.
3. Example: a SAR 100 cash sale before 15% VAT debits cash 115 and credits sales 100 and output VAT 15.

Fixed educational templates for review, without posting to a ledger. Inventory purchases assume perpetual inventory. An input VAT line assumes recoverability confirmed by you; for nonrecoverable amounts, enter the appropriate cost and use a zero tax rate. Deductibility, returns, withholding and reverse-charge treatment are not inferred.

For prepaid expenses and bank service fees, separate input VAT only with a valid document and confirmed recovery rights; subsequent prepaid expense recognition uses the net balance. Explicit fees differ from financing margins. For advance receipts, review VAT due on receipt and select the appropriate rate. Subsequent revenue recognition uses the net deferred balance without charging VAT again. Cost of sales is recorded separately from revenue. Depreciation and allowances use the period amount determined by your policy; a write-off assumes an appropriate existing allowance. The salary template does not allocate employee and employer deductions; use manual lines after reviewing payroll.

ACCA — Double-entry principles

ZATCA: advance payments — E-Invoicing Detailed Guideline, section 8

ZATCA: VAT Implementing Regulations — Articles 29 and 49