GL: General Ledger Topics and Tasks

Add an account to the Chart of Accounts

Allocate Administrative Costs

Allocate Payroll Taxes and Insurance

Balance AP Aging to the General Ledger

Change GL Budget Amounts

Clear Checks Daily

Correct the Tax Allocation Journal

Delete a general ledger account number

Enter Beginning Balances in the General Ledger

Format Financial Statements to Include Payroll Taxes and Insurance

Format Financial Statements to Include Payroll Taxes and Insurance (using the Tax Allocation Program)

Handle customer's bounced check

Import Budgets

Import cleared checks

Import Details into an Adjusting Journal Entry

Importing General Ledger Entries from a Tax Filing Interface (TFI)

Learn about Fiscal Period Procedures

Learn about transactions that require end-of-period adjusting entries

Perform Year End Rollover

Reconcile bank account

Reconcile bank account for the first time

Reconcile banks accounts daily

Set up a Cash Flow Statement

Set up the Chart of Accounts

Set Up Taxes and Insurance (with Allocation)

Understand GL Entries for Tax Allocation

Understand the System Calculated Taxes and Insurance Cut Off Date

Update Sales Tax to the General Ledger

Update to the General Ledger

Use Daily Labor Budgets for Financial Reporting

View the default Chart of Accounts

View transaction details for a Credit Card Liability account