Company Setup

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Company Setup will only contain 1 record. For multiple company setup, create respective database at login dialog before entering company info.

 

Click clip0017 to Add new Company

Click clip0019 to Delete Company

Click clip0020 to Edit Company

Click clip0030 to Save Company

Click clip0031 to Cancel Add / Edit Company

 

 

 

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Year End Closing will be use to close This year accounts and brought forward all balance to next year opening, P&L closing will be updated to Retained Earning.

Company Name - Company Name.

 

•Reg# - Registration no / Tax no.

 

•Currency - Currency Name, must be domestic currency.

 

•Address - Mailing address of the company.

 

•Phone#, Fax# - Phone & Fax of the company.

 

•Fiscal Year - Current Financial Year.

 

•Start Month - Starting Month of current financial year.

 

•Invoice Acocunt Settings - Settings of Account for AR, AP invoices.

 

•clip0042 Ellipsis button for Master files.

 

Invoice Account Settings - To be use in AR / AP invoices and payment

1.Account Payable - Account created must be type Current Liability.
2.AP Discount - Account created must be type Revenue / Expenses.
3.Account Receivable - Account created must be type Current Asset.
4.AR Discount - Account created must be type Revenue / Expenses.
5.Sales Account - Account created must be type Revenue.

 

 

Please note that after year end closing, closed transaction cannot be modify / add / delete, all pending transaction must be entered in the following year.