The article explains the concept of source and targets and how they reflect on a Transaction Journal Report.
QuickBooks uses a concept called Source and targets to build transactions and reports. Understanding source and targets help you create more effective reports and faster Advanced Finds.
Source is the summary information about a transaction. It contains all source data (source account, source name, source memo and source amount, etc...).
Targets provide the detail information about the transaction and include all target data (target accounts, target names, target memos, target amounts, etc...).
The transaction journal shows the amounts debited and credited to a journal ledger. It also helps determine source and targets of a transaction. Every transaction that affects accounts has a transaction journal. Keep in mind that the first line of a transactional journal is the transaction source and the subsequent lines are the transaction targets.
You can open the transaction journal report in four different ways:
Let's use Invoice # 12345 (Screenshot 1) as an example. If we open the transaction journal (Screenshot 2) for the invoice, we can see the debit and credit side as well as the source and target data. A/R is debited for $540 and each account associated with the items is credited for the total amount. The source is the first line (in green box) and the targets are the subsequent lines (in blue box)
In transactions that have no target memo, QuickBooks copies the source memo into the target memo.
Although the report doesn't show them as part of the target data, the transaction number, transaction type, document number, and transaction date are always in both the source and the targets.