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General Ledger in VinAR-ERP

The General Ledger (GL) is the backbone of financial accounting in VinAR-ERP. It records, organizes, and tracks all financial transactions, ensuring accurate and up-to-date financial records for your organization.

Key Features of the General Ledger

πŸ“Œ Journal Entry Template – Standardized templates for quick and consistent journal entries.
πŸ“Œ Journal Entry – Record financial transactions such as expenses, revenue, and adjustments.
πŸ“Œ Accounting Entries – Track every financial movement, ensuring transparency and accuracy.
πŸ“Œ Freeze Accounting Entries – Lock financial records to prevent modifications after a specific period.
πŸ“Œ General Ledger – A detailed record of all financial transactions across accounts.
πŸ“Œ Supplier Ledger Summary – View and manage outstanding balances with suppliers.
πŸ“Œ Customer Ledger Summary – Track payments, invoices, and outstanding amounts from customers.
πŸ“Œ Discount Accounting – Manage and track discounts applied to sales and purchases.
πŸ“Œ Immutable Ledger – A secure, unchangeable financial record that ensures data integrity.

Why is the General Ledger Important?

βœ… Ensures accurate financial reporting for audits and compliance.
βœ… Provides a real-time view of financial health for decision-making.
βœ… Maintains accountability by tracking every transaction in detail.
βœ… Prevents unauthorized modifications with features like Freeze Accounting and Immutable Ledger.

By leveraging the General Ledger in VinAR-ERP, businesses can streamline financial management, reduce errors, and ensure compliance with accounting standards. It’s the foundation of strong financial control!