GL code stands for General Ledger Code and is a dissection or an account code. There should only be one type of GL code for creditors that offer the same type of service. You do not need to have individual GL codes for creditors as you do with areas. For example on an Owner’s End of Year Financial Statement it will have expenses ie Plumbing, Cleaning, Electrical. Examples of GL Codes are Cleaning, Plumbing, General Maintenance, etc
If you already have a GL Code that describes the type of account then this step is unnecessary
- Setup + Accounting + GL Account Codes and Select "+"
Alternatively, type GL Acc... into the menu search area and select the resulting menu - Enter the GL Code and Description + Save/Exit
How to Create a General Transfer Sundry
How to Create a Refundable Sundry ie Security Deposit/Bond
How to Create an Owner Income Sundry
How to Create an Agency Paying Sundry
Step 1 - How to Create a 3rd Party Client Contact (Creditor)
Comments
0 comments
Please sign in to leave a comment.