The General Ledger Enter and Post Transactions Tab makes Transaction Processing easy
Smart design enables you to capture unlimited Journal and Cashbook Transactions, deal with Cashbook Reconciliation, and post all batches with a simple click of a button!
When using the Enter and Post Transaction section of the General Ledger, it's important to remember that you can only enter and capture data on a Level 1 Account
As discussed in Account Levels & Columns, Level 1 accounts are used for Data Capture, Levels 2 to 7 deal with various totals and Levels 8 and 9 provide specific Headings within your Balance Sheet
Before you begin Entering and Posting G.L Transactions, start by creating your first batch
It's highly recommended to Create a New Batch before you begin processing transactions - This is necessary to provide valuable information to and from all your integrated Win Accounting modules, enabling your Accounting Reports to present meaningful data and analysis
Create unlimited unique batches to speed up transaction posting even further - create unlimited documents within a batch, allowing you to post them all quickly and easily
Journals
Keep your general ledger journal accurate and up-to-date using the Enter and Post Journals Section
From here you can post Single Entry or Multiple Entry Journal Transactions, as well as post Prior Year Adjustments
Data can ONLY be entered and captured on Level 1 Accounts - find more information about Account Levels & Columns
In the General Ledger Enter and Post Cashbook Transaction section, you have to option of entering a number of transaction types, including Cheques, Deposits, Stop Orders and Other Payments, as well as Other Receipts
Data can ONLY be entered and captured on Level 1 Accounts - find more information about Account Levels & Columns
The Cashbook Reconciliation section makes it possible for you to easily identify and indicate which payments have actually been received, and which are still awaiting receipt.
Use the Cashbook Reconciliation Report to identify money that is expected to be received, but has not yet been received within your bank account.
Easily Identify any errors or mistakes using Win Accounting’s Cashbook Reconciliation
The Post Batches section of the Enter and Post Transactions tab makes it possible to quickly and easily post your General Ledger Transactions and/or Cashbook Transactions
