When you first select the General Ledger Module for a new company, the System Parameters window will automatically appear - This is because certain information is required before the Win Accounting General Ledger Module can be used
Required System Parameter Details include:
- Company Name
- Fiscal Month Start
- Default VAT Rate
- Company Contact & Address Details
- System General Ledger Accounts
Easily refer back to, or update/modify your General Ledger System Parameters using the System Settings top menu dropdown
Understanding your General Ledger System Parameters:
System Parameters
Enter basic General and Accounting information regarding your General Ledger in the System Parameters
Add your Address and Contact Details
Set the Fiscal Month Start and the Default VAT code
All Default Codes/System GL Accounts set in the System Parameters are flexible, and can be modified when necessary
Use the Default General Ledger Account Codes, or easily set your own unique codes
The Default System GL Account Codes correspond with the Master Code List codes provided from the Win Accounting Sample Company
