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
π Journal Entry Template β Standardized templates for quick and consistent journal entries.
π Journal Entry β Record financial transactions such as expenses, revenue, and adjustments.
π Accounting Entries β Track every financial movement, ensuring transparency and accuracy.
π Freeze Accounting Entries β Lock financial records to prevent modifications after a specific period.
π General Ledger β A detailed record of all financial transactions across accounts.
π Supplier Ledger Summary β View and manage outstanding balances with suppliers.
π Customer Ledger Summary β Track payments, invoices, and outstanding amounts from customers.
π Discount Accounting β Manage and track discounts applied to sales and purchases.
π Immutable Ledger β A secure, unchangeable financial record that ensures data integrity.
Why is the General Ledger Important?
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Ensures accurate financial reporting for audits and compliance.
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Provides a real-time view of financial health for decision-making.
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Maintains accountability by tracking every transaction in detail.
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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. Itβs the foundation of strong financial control!