Journal Entry Processing, also known as JEP, is the process of recording financial transactions to a company’s accounting journal. It involves debiting and crediting accounts when a transaction occurs, which helps maintain accurate financial records. This process ensures that all business operations are properly documented and tracked across different departments. Through journal entry processing, businesses can easily record and review their financial information so they stay compliant with regulations and accurately report financial data. With journal entry processing, your business can better understand its current financial standing and make strategic decisions for the future.