To access the Accounting menu and the options within, click on the Accounting button on the top of the screen:
Setting up of Accounting
To Enable Accounting Module you need to follow below mentioned mandatory step by step instructions 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