Accounting

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 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