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 for better representation.
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How to create ledger account?
Creating Ledger Accounts: System will be having some accounts by default which will be used by most of the Apartments. And if required, more ledger accounts can be created for Assets/Liabilities/Expense/Income. Step 1: Login to ADDA >> Admin >> ...
How to create Ledger/Account Groups?
Creating Ledger group: Step 1: Login to ADDA Admin >> General Ledger >> Chart of Accounts Step 2: Click on “Groups” tab, Add a Group Name in Relevant Category with unique GL Account Number>>: Enter Group No in GL No Column and Enter Group Name under ...
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?
Please follow the below steps to deactivate unused ledger account: Step 1: Login to ADDA -->> Admin -->> General Ledger. Step 2: Select "Chart of Accounts" Tab. Step 3: Select the relevant head Assets / Liabilities / Income / Expense. Step 4: Click ...
How to upload the opening balance of particular ledger account?
Please follow the below steps to upload 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 ...