General Ledger Module

The General Ledger Module is were you create your company's Chart of Accounts, enter General Ledger Transactions and post all of the outer modules to your Chart of Accounts. Before any G/L Transactions can be entered you must create your Chart of Accounts using the General Ledger Chart of Accounts Maintenance Form.

Chart of Accounts Maintenance
To create and maintain your Chart of Accounts you will need to use the G/L Chart of Accounts Maintenance Form. To access the G/L Chart of Accounts Maintenance form select Applications => General Ledger => Chart of Accounts Maintenance from the System menu. The following form will appear on the screen which will allow you to make changes to your Chart of Accounts.

Maintain Chart Of Accounts Screen Shot.

General Ledger Transaction Entry
The General Ledger Transaction Entry form is used to create G/L transactions to be posted directly to your Chart of Accounts. You will typically enter in transactions to make adjustments to your Chart of Accounts totals that would normally be done in any of the other accounting modules. For example you may want to transfer funds from your Petty Cash account into your Checking Account by a bank deposit. Therefore you would apply the funds from the Petty Cash account the Credit amount and deposit it into your Checking Account the Debit amount. All General Ledger Transactions must balance before they can be saved to disk. This is the heart of double entry accounting. The G/L Account used for the transaction can only be a Detail type account.

General Ledger Entry Screen Shot.