General Ledger Code (GL Code)
You can add all the general ledger codes using this option. A general
ledger account will have a specific code for all transactions in the organization.
On specifying the GL code you will be able to track the necessary information
for a specific transaction.
Say, if you like to know all your company's IT purchases for the November
month 2007, then you can specify the GL code for IT purchases in November
2007 and get the details.
To access the GL Code configuration,
Click on the Admin
tab in the header pane.
In the Purchase/Contracts
management block, click GL Code
icon . The GL Code list view page opens where you can add,
edit and delete a GL Code.
Add GL Code
Click the New
GL Code link. The GL Code form has two fields namely, GL Code and
Enter the GL Code. This field
Specify any relevant
information about the GL Code in the Description field.
Click the Add GL Code
button. The GL Code is added to the List View.
Edit GL Code
Click the Edit
icon beside the GL code to modify. The details while adding
the GL Code is populated in the edit form.
Modify the required details
in the fields.
GL Code button.
Delete GL Code
Click the Delete
icon beside the GL code to delete. A confirmation dialog
to proceed. The cost center is deleted from the list.