Gl_gl series-general ledger system basics (concept)

 

1. ledger

Ledger is the core of the company's financial records, and everything must go through this process.

 

Main ledger: The main ledger defined by 4C for record storage

Kochi

Calendar

Currency

Subcategory endurance accounting method

 

Auxiliary classification endurance: Used to assist multinational companies in complying with various legal requirements

Different ledger types:

Kochi

Calendar

Currency

Accounting Methods

Classification endurance options

 

Basic elements of ledger

Set of books

Accounting subject structure-accounting period-currency-define sub-ledger accounting method

 

Elements that can be shared with the ledger in the general ledger

Account Structure

• Value set
• Segment Value
• Security Rules
• Cross-validation rules

Accounting calendar

• Period
• Period type

Currency

• Daily exchange rate
• Exchange rate type

Journal

• Category
• Source

 

Accounting calendar

Define Period type

The types pre-set in the general ledger include month, quarter, and year.

In addition to the brick Period type, you can customize the period type as needed

Accounting status

Do not enable-enter in the future-open period-close period-permanently close period

 

 

• Journal Processing
• Journal entry/Modification
• Journal Review
• Journal posting
• Journal Query
• Special Journal processing-regular journals, distribution journals, and statistical journals
• Multi-currency accounting support
• Query and report
• Closing account at the end of the period
• Merge
• Budget