General Accounting Settings Guide

General accounting settings give you greater flexibility in managing journal entries and accounting routes within the system. Through these settings, you can control the display of tax and cost centers in entries, define specific accounts for each item in invoices, purchases, and requisitions, and accurately distribute costs and link them to the appropriate accounts and centers.

1. Click on “Accounting” from the main menu.
2. Select “Accounting Settings.”
3. Choose the “General” tab.

Once you open this page, you will find the following features that you can activate and manage:

• Display Tax In The Journal Entries: When recording a journal entry, the system allows displaying tax details within the entry to be directed automatically to the designated tax accounts.

• Display Cost Center In The Journal Entries: Users can assign a cost center when creating a journal entry, and it will be automatically directed to the selected center upon saving.

• Assign Tags to Journals Transactions: The system allows adding custom tags to journal entry transactions, making it easier to classify and track them.

• Update Journal Entries Currency Rates: When creating a journal entry in a foreign currency, the system automatically updates and applies the exchange rate in the accounting records.

• Specify an Account for Each Item in the Invoices: When creating sales invoices, users can define a specific account for each product so that the accounting entry is directed automatically to the selected account upon saving.

• Specify an Account for Each Item in the Purchases: The system allows assigning an account for each product when creating purchase invoices, so the entry is automatically directed to the selected account.

• Specify an Account for Each Item in the Requisitions: Users can choose a specific account for each product within a requisition (addition, issue, manual transfer), and the entry will be directed to that account once the requisition is confirmed and saved.

• Distribution of Cost Centers in Invoices for Each Item: The system allows assigning a cost center for each item in the invoice, which is automatically directed to the selected cost center upon saving.

• Distribution of Cost Centers in Purchase Invoices for Each Item: When creating purchase invoices, a cost center can be assigned for each item, and the direction will be applied automatically after saving.

• Distribution of Cost Centers in Requisitions for Each Item: Users can assign a cost center for each item within requisitions (addition, issue, transfer), and the entry will be automatically directed to the selected cost center once the requisition is confirmed and saved.