Question:
How to make End of year Journal entries to get the financial statements accurate
Solution:
Currently you must post jnl's in the original system.
LodgeIT is mainly for preparing and lodging forms with the ATO. Having a client use a cloud accounting system like MYOB, QBO or Xero allows the user to prepare the accounts to a stage where you are able to prepare Special Purpose Financial Statements and Tax Returns.
To do journals, get some software like Xero or MYOB or QBO or Manager.io, etc. Intuit QBO are doing low-cost ledgers that you can use for journals. Another option might be https://www.manager.io/ which is free.