Use Wisenet Journal Reporting to export financial transaction data effortlessly into formats compatible with major finance systems.
Journal Reporting generates a comprehensive transactional list based on the selected date range, drawing data from Invoices, Credit Notes, Payments, and Refunds. The data is presented in a traditional T-account format (Debit and Credit), with one key difference: the tax component is shown under the Tax Type column (e.g., GST or GST Free) instead of a separate row, simplifying the layout.
Getting Started with Journal Reporting
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Update your financial system with Wisenet General Ledger Account Details
Transfer the General Ledger (GL) Account Details from Wisenet into your finance system:
- Wisenet Accounts Receivable Account:
Set up a dedicated Accounts Receivable account specifically for Wisenet, allowing a clear distinction between transactions processed in your finance system versus those handled by Wisenet.
Note: The Aged Receivable report can only be generated within Wisenet, as the Wisenet debtor transactional data will not be duplicated in your finance system. Some finance systems do not support posting General Journals against control accounts i.e. Accounts Receivable. - Bank Clearance Account:
Use this account to transfer data related to funds received and recorded in Wisenet. It’s essential for bank account reconciliation within your finance system, ensuring that all Wisenet-captured transactions align with your bank’s records. - Processing Fees Account:
For users processing payments through Stripe or PayGate, this account transfers payment gateway fees into your finance system, allowing these expenses to be recorded and reconciled accurately.
How to View and Export Journal Reports
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View Journal Reports
- Navigate to LRM > Finance > Journal Reports.
- By default, the Last Week filter is applied. To change the date range:
- Click the Dropdown > Apply Filter.
- (See below for definitions of each date filter option).
- All transactions that are not in Draft or Scheduled status will display in the table.