Add a ledger

For more information: Ledgers (GL201500).

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1. Go to the Ledgers (GL201500) window.

2. Click to insert a row in the table.

3. In the Ledger ID column, type the unique ID of the ledger.

4. In the Description column, briefly describe the ledger.

5. In the Balance type column, select the option that best fits how the ledger will be used:

   • Actual, for reporting purposes
   • Budget, for creating budgets
   • Reporting, to keep translations
   • Statistical, to store statistical data

6. In the Currency column, select the ledger currency.

7. Optional: Select the Branch accounting check box to automatically generate the inter-branch transactions, if the ledger will be used by multiple branches.

8. Optional: Select the Is consolidation source check box if the ledger will be used as a source ledger for consolidation with the parent company.

9. Click .

You can later delete the ledger or modify its properties only if it has no journal entries or other record.