How do I create a journal entry in Traction?
In this article, we'll walk through the process of adding a $0 transaction that will serve as your journal entry.
📝 In general accounting terms, the journal entry will be entered as a $0 payment. You enter a positive amount for any debit and a negative amount for any credit.
🤔 If you are attempting to enter your depreciation information and are unsure about what values you should use, please speak with your accountant.
In this example, we will walk through creating a journal entry for Accumulated Depreciation of Farm Equipment and Buildings & Structures.
1. Open up your Account Register with checking account that belongs to the entity you need to make the journal entry for. Click on Add New Payment.
![](https://success.tractionag.com/hubfs/image-png-Oct-07-2022-03-53-00-61-PM.png)
2. In the new payment screen, you will add information for three rows, creating a $0 transaction that will adjust the balances for each of their respective accounts.
Depreciation Expense | +100,000 (Debit) |
Acc Depreciation Buildings & Structures | -60,000 (Credit) |
Acc. Depreciation on Farm Equipment | -40,000 (Credit) |
3. Review the transaction information and click Save & Close. You will receive a warning asking you if you are sure you want to enter a $0 transaction. Click Yes.
Now you should be all set with this particular journal entry. Repeat the process as needed.