Classic | Maintaining a General Ledger Entry

Classic | Maintaining a General Ledger Entry

About

Once the General Ledger Entry has been created, you can return to the General Ledger Parameters Screen to make changes.

Please note: Click on any image in the article to enlarge.

NextGen or Classic

The Classic version is the name given to the previous look and feel of the system. Important to note, both NextGen and Classic point to the same database. No data migration is therefore applicable. 

This article covers Maintaining a General Ledger Entry for the Classic version of the system.

An Example of the Classic Landing Page


The article that explains the same for the new and improved NextGen version, is coming soon.

An Example of the NextGen Landing Page


Edition

This feature is available on Lite, Premier and Master.

Option 1: Company Menu>Allowances/Deductions/FringeBenefits/Contributions>General Ledger Parameters
Option 2: Company Screen>Administer GL accounts

Overview



Editing Components in a General Ledger Entry

When a General Ledger Entry is edited, besides specifying the account and contra account numbers, you have more options available with regards to the components.


Once you have selected Edit, the follow options will be available:





Important Comment

Weekly and Bi-Weekly Frequencies
By default,the system divides automatic monthly components, for example Medical Aid, by the weeks in the month. If the user wants to define the number of weeks the component should be split by, it can be indicated on this screen.

For advised amounts processed on the Employee Recurring Screen, the user can specify the weeks the amount should reflect on the employee’s payslip screen.


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