The Tyms application operates on a double-entry bookkeeping system, enabling users to balance each debit and credit entry with its corresponding counterpart. Through the manual journal entry feature in Tyms, users have the capability to record financial transactions and make adjustments directly within their company's accounting system, granting them complete control over the process. 

This allows for the manual entry of relevant data, including debits and credits, journal descriptions, and dates, enabling users to maintain accurate financial records and address specific accounting needs with precision.

Below is a brief guide on how to create manual journal entry on Tyms.

Steps in creating manual journal entry on Tyms:

1. Begin by logging into your Tyms Book account https://mybook.tyms.africa/auth/login

2. Select the “Accounting” section just below the Banking page.

3. Navigate to the “Manual Journals” page.

4. Select the currency for this entry from the list of currencies you currently operate with.

5. Enter the exchange rate in comparison to your base currency. The text field would not be editable if your currency for this entry is already the base currency.

6. You can input the journal number as an identifier to maintain a unique record of the entry. 

7. Choose the journal date and provide a description for this specific journal entry.

8. Click on the “Add Item” button to add the related items to the journal and a modal would be opened up to you.

9. Provide the narration of the item to be recorded.

10. You MUST input either the debit amount (Dr) or the credit amount (Cr) for this journal entry. If you record a debit in one item, you can add another item to capture the corresponding credit.

11. It is mandatory that you select the Chart of Account for this entry from the existing charts on your Tyms account.

12. You have the option to either select a tax option from your previously created list or create a new one before you proceed with entering the journal.

13. You may choose the contact to be linked with this journal entry.

14. Additionally, you can opt to specify the department and branch for which these transactions are being recorded.

15. If any, you can also select the project for which the journal is being entered.

16. Click on “Save Journal Item” and the item(s) will be saved.

Scroll to the top right hand side of the page and “Save Journal information” for the journal entry to be saved.