Manage transactions
Transactions posted to General ledger are organised into batches that can be created manually or generated automatically by the system when documents are released in other Visma Net workspaces. Each batch can contain one transaction or multiple transactions. A transaction, in turn, can contain at least two journal entries, for which the account and debit and credit amount is specified.
This topic describes how to work with batches in the General ledger workspace, and how to create, release, and post batches in this workspace. It also describes how to automate the entry of transactions that are repeated regularly (recurring transactions), and how to create adjusting transactions that are reversed at the beginning of the next period (auto-reversing transactions).
Section Content
General ledger batches
Auto-reversing transactions
Recurring journal transactions
Reclassify and split general ledger transactions
About VAT entries from the general ledger
In Visma Net, you can configure automatic VAT calculation in documents that you create in the system.
About rules for balancing inter-branch transactions
When an organisation consists of multiple legal entities (branches), it often has transactions that occur between these branches.
About foreign currency transactions
You can use the General ledger workspace to record batches of journal entries in foreign currencies.