Accounting Overview

Although you are provided with a default set of master files, they are only a guide. Check the content of these files and manipulate them for your own needs. Refer to the applicable section for more information on what to do.

Configuration Files Required for Accounting

• Company Setup Information
• GL Chart of Accounts
• Setup Accounting Period End Dates (Company Setup -> Tools -> Accounting Period Setup)
• Customers/Suppliers setup
• Term Codes to define default sales terms
• Type Codes to define default GL numbers for transactions.
• From Tools -> Options:
• Whether Journal records are placed directly in the GL or Daily Journals are used
• Default Order status (Sales Order or Invoice)
• Print Pricing on PO's
• Delete Input file after Posting Invoices
• Show Invoice Due Date on Orders
• What Order-Entry screen to use
• Statement Format
• HST percentage