What is GL Account No.?

What is GL Account No.?

"GL Account No." is a unique number associated with each Ledger Account.

Any random number can be assigned to ledger account name but for better management and sequence, it should be in serialized numbers by adding 1 in last highest GL Number already assigned with any Ledger Account.

 

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      Please follow the below steps to rename the GL account: Step 1: Login to ADDA -->> Admin -->> General Ledger-->> Charts of Accounts Step 2: Overwrite the GL account name in desired Ledger head i.e. Income, Expenses, Assets & Liability & Save changes.

    • 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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      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 >> ...

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      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 ...

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      Please do follow the below steps to track interest received from the Bank Account: Step 1: Login to ADDA -->> Admin -->> General Ledger -->> Chart of Accounts -->> Income -->> Set up Non - Member Income Account -->> Create a new GL account called " ...