General Ledger Setup Overview

Setting up the general ledger is one of the first priorities during your installation. Use the following four steps to set up the general ledger.

Step One: Update control maintenance records and authorization keys.

Step Two: Identify the general ledger accounts your company needs. The system requires certain accounts. Additional accounts give you the ability to do extensive sales analysis. Use the following information and procedures:

• Defining a Chart of Accounts

• Defining Sales Sources

• Defining Product Types

Step Three: Create a new account.

Step Four: Assign accounts to autopost.