The General Ledger is the section where

  • main and second charts of accounts are defined
  • G/L transactions are performed
  • financial statements are generated
  • G/L Connection codes are defined, and
  • transactions performed in other application sections are posted to G/L.

General Ledger Menus

Definitions

Main, Second and Third Chart of Accounts, Consolidated Charts of Accounts, Consolidation Rules, G/L Connection Groups, G/L Connection Codes, Financial Statements, General Ledger Operation Definitions, Account Distribution Templates, Reflection Templates, e-Ledgers

Transactions

G/L Slips (Main Chart of Account), G/L Slips (Second Chart of Account), G/L Slips (Third Chart of Account)

Operations

Approving G/L Slips, Batch Delete CGS G/L Slips, Batch Numbering of Journal Items, Closing Fiscal Period, Deleting CGS G/L Slips Collectively, Distributing Service Incomes and Expenses, Exchange Rate Difference Calculations, Generate G/L Slip Reverse Operation, Generating CGS G/L Slips Collectively, Generating e-Ledger Source Document Detail, Generating G/L Slips of Source Transactions, Post Bond Interest Accruals to G/L, Post Credit Exchange Rate Differences to G/L, Post Credit Interest Accruals to G/L, Post Deposit Income Rediscount to G/L, Post Depreciation and Revaluation Transactions to G/L, Post Payroll Accruals to G/L, Post Seniority and Vacation Totals to G/L, Post Travel Expenses to G/L, Reflection, Specific Interest Income Management, Transfer Between Account Plan, Transfer Between G/L Accounts, Undo Fiscal Period Closure, Updating Consolidation Data, Withdrawing Approvals of G/L Slips

Reports

Account Status, Analysis Dimensions and Project Reports, Connection Reports, Ledger and Lists, G/L Other Reports

Definitions are used to record necessary definitions for general ledger.

The Transactions menu is used to record transactions performed within the general ledger module through slips by obtaining information from the definitions in this section. 

The options of the Operations menu are used to perform periodic transactions required by the system.

The options of the Reports menu are used to report definitions and transactions recorded in the General Ledger section.


Parameters and Defaults Affecting General Ledger

General Ledger parameters and defaults are used to specify general ledger management parameters. General ledger parameters are used to record certain G/L transaction characteristics, controls to be applied and control methods. General Ledger Defaults and Parameters option is located in System Settings module > Defaults and Parameters > General > Default Values and Parameters > General Ledger window.