Each account number must be associated with a category group and sub-group. The category determines the type of account - Balance Sheet or Profit and Loss item and the expected sign at entry point - debit or credit. The category is attached to a group and sub-group and the display order is used to determine layout for reporting in the Profit and Loss and Balance Sheet reports. There is no limit to the number of categories created.
Amounts posting
to the opposite of the expected sign will display the amount in bold
- e.g. posting
of a debit to the creditor account will bold
the amount being posted 4,500.00
Steps
| 1. | General Ledger  Configuration Categories
|
| 2. | Enter in the following details:Description - of the category Sign - indicates the usually posting sign to that account type - select form list box Group - select form list box. These are hard coded and cannot be added to Sub Group- headings that will appear in the reports when generated in Detailed mode Display Order - list the order the sub group headings will appear in the relevant reports when Detailed mode is selected |
| 3. | Save the categories form |
Creating a new JIWA 7 database already has some categories set-up for both the Balance Sheet and Profit & Loss. Edit, add or delete these as required.
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