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General Ledger Codes are configured in Setup / Finance / Billing / GL Code |
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This screen allows you to setup general ledger codes and corresponding debit and credit codes for accounting purposes. GL codes can be associated multiple entities, including: services (charges), tax rates and payment types.
Prerequisites
GL codes can be setup in the system immediately, there are no prerequisite configuration steps.
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 | Deletes the selected GL code if not in use |
 | Adds a new GL code |
Edit General Ledger Code Panel
The information in this panel reflects the currently selected GL code. From here you can change its details (fields will display a red left border if a value is required and purple text if the field is read-only and cannot be modified).
GL Code: a unique name that describes the GL code reference. E(e.g. Late Fee‘Late Fee’)
Debit Code: the code for debits related to this GL code . E(e.g. '501')
Credit Code: the code for credits related to this GL code E(e.g. ‘500’)
References tab
This section displays where the selected GL code is used in the system. By default, the reference data is displayed in a summary format to indicate where the GL code is in use, however the Entity drop down field can be used to view the exact system objects that codes are configured on.
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