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I have worked in accounting for the last 16 or 17 years in a variety of positions ranging from staff accountant all the way up to COBRA controller and throughout my years in accounting Ive seen journal entries recorded in three different ways the first one is the manual painful way which is you go through the accounting software and you enter line by line your journal entry which may take you maybe about 10 minutes on average the second way is to take your data in Excel and create a template that you can use over and over and then upload that file into the accounting software the Third Way is very high in automation but requires a lot of engineering work and the front end which is creating an API connection between the source of the data and your accounting software so that your je is created automatically so in this video were going to focus on the second method which is creating an Excel template that you can use over and over and easily upload into your accounting software and req
