General ledger
The general ledger holds each company's accounts and every voucher, whether typed by hand or created by an invoice, payment or stock document, and the sales tax and withholding tax rules those documents use.
Set up
- How do I set up the general ledger for a new company?
- How do I build the chart of accounts?
- How do I control what can be posted to an account?
- How do I set up currencies and exchange rates?
- How do I set up a new kind of document, branch or bank in the journals?
- How do I decide which account an invoice, payment or stock document posts to?
- How do I record cost centres, projects or departments on postings?
- How do I keep several branches or sites balanced inside one company?
- How do I set up sales tax?
- How do I set up withholding tax on payments?
Moving in
Every day
- How do I post a journal voucher?
- How do I let one person prepare vouchers and another post them?
- How do I see the trial balance and the financial statements?
Every month and year
- How do I post the same entry every month?
- How do I spread a shared cost over departments?
- How do I close a month so nobody posts into it?
- How do I close the financial year?
- Month-end close - the whole routine, screen by screen.
Corrections
What posts
What posts in the general ledger - every document of the area that reaches the accounts, and how documents of other modules become vouchers.
Questions people ask
Frequently asked questions - short answers, and every refusal message with its cause and fix.