Differences
This shows you the differences between two versions of the page.
Next revision | Previous revision | ||
cats:procedures:accounting:chartofaccounts [2015/08/18 18:28] – created amanda | cats:procedures:accounting:chartofaccounts [2017/12/19 03:21] (current) – external edit 127.0.0.1 | ||
---|---|---|---|
Line 1: | Line 1: | ||
- | =====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. | ||
+ | {{entry> | ||
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. | ||
Line 8: | Line 8: | ||
From the scan you can see the opening and current balances for each G/L number. | From the scan you can see the opening and current balances for each G/L number. | ||
- | + | [] | |
- | Use the toolbar menu to Add or Edit G/L codes from the scan. | + | Use the toolbar menu to **Add** or **Edit** G/L codes from the scan. |
- | + | [] | |
- | Select Apply to exit and see a summary of the code’s properties and amounts by accounting period. | + | Select |
- | Pick Report from the menu to go to the G/L statement report, which can also be found in the Accounting > G/L Financials > G/L Statement area. | + | Pick Report from the menu to go to the G/L statement report, which can also be found in the **Accounting > G/L Financials > G/L Statement** area. |
Chart of accounts/ | Chart of accounts/ | ||
Line 33: | Line 33: | ||
You can create custom report assignments from the Tools area as well. See New Data Systems for more information on custom G/L groupings on reports. | You can create custom report assignments from the Tools area as well. See New Data Systems for more information on custom G/L groupings on reports. | ||
- | ====Cost Codes==== | + | ===Cost Codes=== |
- | The cost codes are stored in the Codes & Terms > Cost Codes > General Cost Codes area. | + | The cost codes are stored in the **Codes & Terms > Cost Codes > General Cost Codes** area. |
- | + | ||
- | From here you can view a scan of codes and their properties. | + | |
- | + | ||
Cost codes are tied to G/L numbers. If you choose a cost code on an invoice, item, the amount of the item will be posted to its associated G/L number in the general ledger. | Cost codes are tied to G/L numbers. If you choose a cost code on an invoice, item, the amount of the item will be posted to its associated G/L number in the general ledger. | ||
- | Pick Add to create a new cost code. | ||
- | |||
- | Important details here include the type fields, which determine whether or not weight will be posted if you use this cost code, if costs posted to this cost code factor into material valuation, and which invoices and contract types can use this cost code. | ||
+ | {{tag>" |