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cats:procedures:accounting:chartofaccounts [2016/02/22 16:47] – amanda | cats:procedures:accounting:chartofaccounts [2016/04/04 15:07] – jen | ||
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=====Setting up the General Ledger===== | =====Setting up the General Ledger===== | ||
General ledger numbers (also called general ledger accounts) are the accounts that all costs and inventory charges must go against. Taken all together, they form the complete general ledger. | General ledger numbers (also called general ledger accounts) are the accounts that all costs and inventory charges must go against. Taken all together, they form the complete general ledger. | ||
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Cost codes are used to apply costs to contracts and invoices. You can set up costs so that you can see the estimated costs and compare those with the actual costs. Then, if you try to add a cost for that cost code with an amount over the expected cost, CATS will warn you. | Cost codes are used to apply costs to contracts and invoices. You can set up costs so that you can see the estimated costs and compare those with the actual costs. Then, if you try to add a cost for that cost code with an amount over the expected cost, CATS will warn you. | ||