Is General Ledger Account No. system generated?
GL Account Number is not System Generated.
You can give a random GL Account number as per your requirement, making sure that the GL Account number is not repeated.
It is always better to have GL Account Numbers in sequence to better representation.
How to create ledger account?
Step 1: Go to Admin -->> General Ledger -->> Chart of Accounts Step 2: Select the respective option from Asset/Liabilities/Income/Expense for type of ledger account you want to create. Step 3: Select the Group from "Group" list box. Step 4: Enter ...
What is "Query" tab in General Ledger Application?
Query tab is the most powerful search tool on ADDA. You can search for all the things you want to search on ADDA related to accounting transactions. Ledger Account Transaction Search: You can view, search any transaction on a specific ledger account. ...
How to deactivate the unused ledger account?
Step 1: Go to Admin -->> General Ledger Step 2: Select "Chart of Accounts" Tab Step 3: Select the relevant head Assets / Liabilities / Income / Expense. Step 4: Click on the "De-Activate" button on the respective account row. Note: Account will be ...
How to upload the opening balance of particular ledger account?
Step 1: Go to Admin -->> General Ledger -->> Journal Entries Step 2: Click on "Create Journal Entry" Step 3: Enter Journal Notes (Narration), Date and amount in the respective field. Step 4: For asset kind of account, Select respective asset account ...
How to create Group for particular ledger?
Step 1: Login to ADDA -->> Admin -->> General Ledger -->> Chart of Accounts Step 2: Click on "Groups" Tab Step 3: Decide, Which account group you need to create such as Income Group, Expense Group, Asset Group, Liabilities Group Step 4: Add a Group ...