When your system is converted, your General Ledger accounts will be brought over to inform without balances. Your DDI Customer Care representative will assist you in setting your Control Table, which designates which G/L accounts transactions will post to in the system. It will be your responsibility to print a Trial Balance from your existing software and enter opening balances for each of the General Ledger accounts.
Setting up the General Ledger includes:
-assigning accounts in the General Ledger Control Table
-creating new General Ledger Accounts (if necessary) using the G/L Account screen
-assigning new G/L Accounts to G/L Groups
-entering opening balances for the accounts
Multi-Branch General Ledger Setup
Additional considerations must be taken if you have multiple branches. Your implementation supervisor will discuss options with you and assist with your setup. For an overview of multi-branch General Ledger setup options, click here.
Once your General Ledger has been set up, you can also customize your Financial Reports, such as your Balance Sheet and Income Statement. Your Trial Balance report does not require setup and can be printed from the G/L Inquiry screen.
