General Ledger Maintenance Entries
This Help File Page was last Modified on 11/06/2013
|
General Ledger Maintenance Entries This Help File Page was last Modified on 11/06/2013 |
|
|
|
|
General Ledger Maintenance Entries This Help File Page was last Modified on 11/06/2013 |
|
|
| □ | Before completing the required General Ledger's Maintenance Entries: |
| 1. | Be sure that you've read Understanding a General Ledger System |
| 2. | Also, review the General Ledger Setup Overview |
| 3. | Then you should complete the Maintenance Entries outlined below. |
| □ | There are five Maintenance Entries to complete: |
| 1. | Departments - Enter any Departments that you are currently tracking (multi-departmental accounting is optional). |
| 2. | General Ledger Groups - Establish any Groups to sub-divide the five basic General Ledger Account Types. |
| 3. | General Ledger Accounts - Define all of your General Ledger Accounts. |
| 4. | Sale Purchase Items - Once you have defined your General Ledger Accounts, you must assign each Sale-Purchase Item the appropriate General Ledger Sale and/or Expense account number(s). |
| 5. | Bank Maintenance - You must also assign each Bank Account to the appropriate General Ledger Asset Account. |
| □ | Chart of Accounts - Review the results in the Chart of Accounts Form. |
| □ | What's Next? |
| • | Complete all five of the Maintenance Entries steps listed above. |
| • | Complete the General Ledger Setup Procedures |
| • | Run the General Ledger Setup Wizard |