General Ledger Setting
One record per company with the switches of the general ledger.
Every field in plain words
Basic
| Field | What it means | What to put |
|---|---|---|
| Legal Entity | The company | One record per company |
| Custom Number Range | You type account numbers yourself | Ticked: on General Ledger Account the Account is typed and Account Group is hidden. Unticked: the next number of the account group's range is given. Once ticked and saved it cannot be unticked |
| Allow to Delete Posted Entries | Recorded only. Whether posted vouchers may be deleted is decided by the same tick on Client Customization | |
| Required Customer in Currency Conversion | Rates may be kept per customer | Shows the Customer column on Currency Conversion |
| Retained Earning Account | The equity account profit and loss is shown in | The Balance Sheet and Cash Flow Statement show every revenue and expense account's balance under this account |
| Mandatory User Group on Transaction Journal | Every journal needs a user group | Makes User Group required on Transaction Journal |
Cash flow tab
Account Sub Category per line: the sub-categories whose accounts are cash and bank. The Cash Flow Statement reads them.
Field values tab
Per screen of the module (Process Code) and field (Object No): a starting Value, and whether the field is Mandatory, Disabled or Hidden, for this company. A user's own default for the same field replaces the company's.
Special validation tab
Process Code and Special Validation per line: links a special validation, defined on the Special Validation screen, to a screen of the module.
If something looks wrong
- "Custom Number range cannot be false, it's already true" The tick cannot be undone.
- The Balance Sheet does not balance by the year's profit. Fill Retained Earning Account.