Processes
Export General Ledger Trial Balance
Purpose Allows the GL Trial Balance to be exported Details can then be manipulated or imported into an external GL System Access General Ledger | Export GL Trial Balance Process Field Explanation Month Ending Enter the month end date that you wish to ...
General Ledger Trial Balance
Purpose This is the statement of the position of the General Ledger and must be reconciled to the reports printed from each module. Timing This is run at the End of Month processing. It may also be run during the month if the Post Accounts to GL ...
Payable & Receivable General Ledger Posting
Purpose To allow the General Ledger trial balance to be updated and viewed throughout the month, by posting the current months receivables and payables transactions to the General Ledger. Timing This process may be run at any time prior to month end ...
Account General Ledger Posting
Purpose To allow the General Ledger trial balance to be updated and viewed throughout the month, by posting the current months account transactions to the General Ledger Timing This process may be run at any time prior to month end Access General ...
View General Ledger Journals Transactions
Purpose Provide a list of General Ledger transactions that have posted from the Cashbook, Account module processes and direct General Ledger journals. Any General Ledger transaction may be printed, showing the details of its originating journal. ...
General Ledger End of Month Reset
Purpose This should be run at the end of each month: once the End of Month processes have been run for each accounts module the cashbook option Post to Other Systems has been run Usually the General Ledger month end will be run prior to the Payables ...
GL Cashbook Out Of Balance
Purpose The General Ledger bank balance should always be the same amount as the Cashbook bank balance. When a discrepancy is identified, it is important to identify and resolve the issue. Timing This should be completed as soon as a discrepancy is ...
General Ledger Reconciliation
Purpose The monthly reconciliation of the General Ledger to the account modules ensures that the previous months processing is correct. The General Ledger system is designed to collect financial information and present that on a monthly basis in the ...
Understanding Month End Journals
Automatic Month End Journals When the month end process is run over an accounts module, a number of GL Journal entries are automatically created. For each Account Type that belongs to a module, the month end process will: Add the current ledger ...