IdealWare Online Users Manual

GL1-03 G/L PROCEDURES
28518 Day to Day Processing

 

SUMMARY

 

The general ledger system is integrated into the other program modules. Day to day processing procedures that might be required by other systems that are not integrated occur automatically in your Ideal software when routine transactions occur in the various system modules. The programs in the general ledger system are typically used as follows:

  • As required.
  • Once a month (end of financial period).

 

AS REQUIRED

 

The following programs are used on an "as required" basis:

  • Journal Entry (See 28521 JOURNAL ENTRY)
  • General Ledger Inquiry (See 28525 GENERAL LEDGER INQUIRY)
  • All Maintenance Programs
  • All Reports

 

MONTHLY

 

The following programs are typically used for end of period processing:

  • General Ledger Report (See 28552 GENERAL LEDGER REPORT)
  • Trial Balance (See 28561 TRIAL BALANCE)
  • Income Statement (See 28554 INCOME STATEMENT)
  • Balance Sheet (See 28548 BALANCE SHEET)
  • Report Generator (See 28557 REPORT BY GENERATOR)