To access the Accounting menu and the options within, click on the Accounting button on the top of the screen: the image below will then be displayed
Setting up of Accounting
To Enable Accounting Module, you need to follow below mentioned the mandatory step by step instructions below before you do any transaction:-
Step 1) Create chart of accounts - Chart of Accounts - General Ledger Setup.
Step 2) Map opening balance contra account in - Accounts linked to Financial Activities
Step 3) Pass opening balance entries - Migrate opening balances (Office-wise)
Step 4) Map your products with respective accounts -
- Go to >> Loan Products - Accounting
- Go to >> Savings Products - Accounting
- Go to >> Fixed Deposit Products - Accounting
- Go to >> Recurring Deposit - Accounting
Other Accounting features
- To define accounting rule - Accounting Rules
- To define advanced accounting rule - Advanced Accounting Rules
- To define accruals - Accruals
For operational usage
- To manually pass journal entry - Add Journal Entries
- To search accounting transactions - Searching Accounting Transactions
- To use predefined accounting rule - Frequent Postings
- To close journal entries - Closing Entries