Accolent ERP allows payment receipts with the status of Ready for Deposit to be selected and deposited to a Bank. Typically, the resulting Bank Deposit will be dated as of the date created; however, it is possible to create the Bank Deposit with a prior date, if desired. Deposit Date Go to Receivables > Payment […]
Category: Manage Bank Accounts
General Ledger Postings – Payment Receipts Journal
Accolent ERP posts transactions to the General Ledger (GL) through the following Accounting Journals: Sales Journal (SJ), Payment Receipts Journal (PR), PO Receipts/Manual Inventory Adjustments Journal (PO), Accounts Payable Journal (AP), Voucher Adjustments Journal (VA), Cash Disbursements Journal (CD) and the General Journal (GJ). The Accounting Journals are automatically posted to the GL immediately upon […]
Creating and Printing Computer Checks
In Accolent ERP, the flow for creating computer checks is to first create vouchers for a particular vendor, then select these vouchers to pay and create checks. Various criteria are available for selecting vouchers to pay, including pay codes that may be set on the vendor. Select Vouchers to Pay Go to Payables > Create […]
Recording a Bounced Check
Accolent ERP allows for recording a bounced check and entering a Bank Charge, if desired, to offset any service fees charged by the Bank in connection with the returned check. The Bank balance will be automatically reduced by the amount of the bounced check plus the amount of the service fee charged by the Bank. […]
General Ledger Postings – Cash Disbursements Journal
Accolent ERP posts transactions to the General Ledger (GL) through the following Accounting Journals: Sales Journal (SJ), Payment Receipts Journal (PR), PO Receipts/Manual Inventory Adjustments Journal (PO), Accounts Payable Journal (AP), Voucher Adjustments Journal (VA), Cash Disbursements Journal (CD) and the General Journal (GJ). The Accounting Journals are automatically posted to the GL immediately upon […]
General Ledger Postings – Accounts Payable Journal
Accolent ERP posts transactions to the General Ledger (GL) through the following Accounting Journals: Sales Journal (SJ), Payment Receipts Journal (PR), PO Receipts/Manual Inventory Adjustments Journal (PO), Accounts Payable Journal (AP), Voucher Adjustments Journal (VA), Cash Disbursements Journal (CD) and the General Journal (GJ). The Accounting Journals are automatically posted to the GL immediately upon […]
Entering Bank Accounts Value Lists
Use the Bank Account record to set up the bank accounts your company would like to track, add deposits to, and use to pay checks. Bank Accounts You should associate a single general ledger (GL) account with each bank to track amounts in your financial statements The Bank Account record is also a resource for […]
Warehouse GL Defaults
Accolent ERP requires a set of default GL Accounts on the Warehouse master. These Warehouse GL Defaults represent the minimum number of GL Accounts that need to be provided in order for the system to post GL transactions. You must set these warehouse GL defaults prior to entering transactions into Accolent ERP. Once these warehouse […]