Ledger Setup
Ledger setup is one of mandatory setup for entity to enable financial posting.
Navigate to General Ledger > Ledger Setup > Ledger
Assign / Setup blow options
- Chart of Accounts (Shared) – Create own Chart of Accounts
- Fiscal Calendar (Fiscal) – Create own Fiscal Calendar
- Accounting currency (AED) – Create own Accounting currency
- Reporting currency (AED) – Create own Reporting currency
- Accounting currency exchange rate type (Default) – Create own Accounting currency exchange rate type
- Budget exchange rate type (Budget) – Create own Budget exchange rate type
Assign / Create Account Structure to legal entity – Create own Account Structure
Setup Accounts for currency revaluation – Note setup will be none editable if account structure is not specified
