What is the General Ledger?
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What is the General Ledger?
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- DarkLight
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What is the General Ledger?
JobBag’s General Ledger module takes all transactions that have been entered in the Job Costing and Accounts modules of JobBag and processes them to the posting accounts in the General Ledger.
Transactions are posted automatically to the accounts in the ledger based on the accounts that have been mapped in the Job Costing module. Mapping takes place in a number of places within JobBag:
Control Systems (mapped within the Chart of Accounts):
Trade Debtors
Trade Creditors
Work In Progress
Accruals
GST
PAYG Withholding Tax Liability (Australia only)
More information in Control Account section
* Bank accounts
* Job Types
* Kinds
The mapping options in JobBag are extremely flexible and allow you to track your business in many different ways.
Menu
Access the various General Ledger financial transactions and verification routines through the ledger menu as below:
General Ledger-specific Reports
Access the various General Ledger financial reports through the Reports Menu as below:
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