To add new GL accounts go to the Trial Balance screen. To access the trial balance screen follow the menu item: Applications -> Trial Balance The trial balance screen is displayed: Press the “Nominal Accounts” button, the list of nominal accounts setup for the company is displayed. The GL accounts for the company are displayed, […]
15. Trial Balance
Can I add New GL Accounts ?
Yes, new GL accounts can be added. See How I add New GL Accounts ?
How do I Reverse an Accounting Adjustment ?
To reverse an accounting adjustment, first go to the accounting adjustment listing screen. To access this screen follow the menu item: Applications -> Trial Balance Then press the “Accounting Adjustment” button. The accounting adjustment listing screen is displayed. Press the action icon next to the accounting adjustment to be reversed. A popup box requesting confirmation […]
How do I Create an Accounting Adjustment ?
Accounting adjustments are created from the General Ledger Trial Balance screen, to access follow the menu item: Applications -> Trial Balance The trial balance screen is displayed. Select the “Accounting Adjustments” button. The manual entry screen is displayed: The screen shows all the accounting adjustments made in the period stated (see drop box above columns […]
How do I view the General Ledger Trial Balance for the company ?
The general ledger trial balance is generated automatically when business events occur and as a result accounting postings are generated. Additionally postings can be made into the general ledger trial balance using the accounting adjustments functionality. See How do I Create an Accounting Adjustment ? To view the general ledger trial balance follow the menu […]
