Category: General Ledger

Drilling Down to General Ledger Source Transactions

Researching the source of General Ledger account balances in your Sage 300cloud (Accpac) Chart of Accounts is made easy by the access it provides to the underlying source information. Your ability to drill-down to the originating subledger transactions is very powerful and in this tutorial, we take a look at this feature.

Inventory Quantities, Costs & Day End Processing

The Sage 300cloud (Accpac) inventory system provides your inventory managers and users with live, real-time item quantities. But equally important, it provides your accounting department with accurate inventory balances and proper GAAP based costs. It’s important however, to understand the behavior of inventory costs in a batch-based accounting system such as Sage 300cloud (Accpac). So in this tutorial, we demonstrate the real-time behavior of quantities in the inventory system and importantly, how the Day End Process affects valuations in inventory and the general ledger.

Creating General Ledger Accounts

Sage 300cloud (Accpac) allows you to segment your financial data by parameters that you define. So for example, you might segment your chart of accounts by department, division, and location. As time goes on, you may need to add new divisions, locations, and departments and accordingly, you’ll need to create new accounts for them in your General Ledger. In this tutorial, we show you how easy it is to add these new accounts to your Chart of Accounts in Sage 300cloud (Accpac).

Control Period Posting in Your GL & Subledgers

Posting transactions to the wrong period is especially problematic near the end of a fiscal year or period. In this tutorial, we show how you can use features in the Fiscal Calendar and Company Profile to control postings to incorrect periods in your subledgers and G/L.

Use General Ledger Rollup to Consolidate Account Balances

The General Ledger Roll-up feature in Sage 300cloud (Accpac) was an enhancement introduced in version 5.5. Roll-ups allow you to consolidate account balances to provide a summary balance. In this tutorial, we show you how to setup GL account roll-ups and we look at some examples.

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