When the contribution/Deposit is approved by the Sacco Accountant, the system automatically generates General Journal Lines in the Contribution batch. These journal lines can be accessed by Clicking Tasks > General Journals.
The Edit Journal column will show the number of entries created. Click on that number to open the journal.
The system debits the Bank Account (Asset) and credits the Member Contributions Account (Income).
It also attaches the Member No. as shown in the figure below. Posting the entry to have the balance reflect on the member statement. Refer to Post General Journal Line.
