How to...
Set up global defaults for your general ledger accounts.
- Related Topics:
- Enable Cash Basis Reporting
Enable cash-basis reporting to specify that revenue is not earned until cash is received, and expenses are not incurred until cash is disbursed. You can enable cash-basis reporting at the start of any month. You must map cash-basis accounts to your accrual accounts and enter your balances at that point. - Enable Cash Basis Posting for Labor Transactions
To allow cash basis posting when you post timesheets or labor adjustments, enable cash basis postings for labor transactions. - Specify the Default Account Group Table
Specify a default table if you use account group tables and you want a specific account group table to automatically populate for all accounts when you set up your chart of accounts. - Set Up Account Status Messages
After you determine the status of an account (active, inactive, or dormant), you specify a corresponding status message that displays to users who attempt to use that account for data entry. - Enable General Ledger Budget Approvals
When you enable approvals for general ledger budgets, you also specify the approval workflow and the year in which the approvals are first required.
Parent Topic: General Ledger Options Settings