Account Master

 

In the Account Master user can set all the details of the accounts or ledger. In which user can set location master, account group creation, Account ledger creation, Transport etc.

                           

Location Master: Location master is used to define the following things for a party/account, Party's Name and Address, Party's Tax Information, Location of the Party (In case of Multi Location Setup).

 

Account Groups Creation:. This form allows you to group the accounts master according to your needs. The user is given the facility to group the accounts according to their requirement. The user can create in each group up to five levels as per their requirements. This would help the user in generation of reports and facilitate other queries. 

 

Balance Sheet Grouping: This form allows to assign Parent group and Group type to the Group name entered by user. This form is divided into two parts New Entry and Edit Entry.

 

Account\Ledger Creation: It helps the user to create the General Ledger Accounts related to POS system (Sales & Purchase and related payments transactions) and Customer Ledgers

 

Transport Master: This form allows you to create or edit a Transport. Transports are used in Sale / Purchase documents

 

Enter Opening Trial: This form allows you to create Customer Banks that can be linked to customers and used in data entry documents and for reporting purposes.

 

Allocating Customer To Banks: This form allows you to create Customer Banks that can be linked to customers and used in data entry documents and for reporting purposes.

 

Setup Pre Defined Narrations: A narration is a short explanation of the nature of the transaction which should always be given before the Journal Entry (A chronological record of transactions showing the names of Accounts to be debited and credited and the amounts to be debited and credited) is closed. It is especially useful in case of correction.