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Method 1 : Add Manually

 

 

Before you start creating GL Code, please refer to:

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ACCOUNTING > CONFIGURATIONS > CHART OF ACCOUNTS > VIEW GL CODES. 
(Please DO NOT create GL Codes that are default in the system)

Introduction

In Wavelet, each chart of account is defined by a GL Short Hand/GL Code, and each GL Code has to tie to one of the existing GL Category.

Users could define additional attributes for each of the GL Code for reporting purposes.

Please refer to System Default GL Code and System Default Journal Posting


System with Multiple Company

Each GL Code will have different General Ledger for different Company. This means that if there are 10 Companies in the system (10 Profit & Loss Statements and Balance Sheets), each general ledger are specific to only one company, and does not mix with another general ledger that shares the same GL Code, but different Company.

The way users classify the GL Category of the GL Code will affect how and where the General Ledger will appear in the Profit and Lost

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Statement and Balance Sheet.

Users are

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 allowed to configure the GL Category

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How to Upload GL Code?

To add a GL CODE, click ACCOUNTING > MAINTENANCE > CONFIGURATIONS > ADD GL CODE
To UPLOAD GL CODES,click ACCOUNTING > MAINTENANCE > CONFIGURATION > UPLOAD GL CODE

  • In order to UPLOAD the GL Codes, user needs to create a template in an excel/open word file separately. 
  • It is compulsory to create the template as per diagram that is being attached above, or else the file would not be able to be uploaded.
  • The GL Shorthand, The GL Code and the GL category is considered to be the mandatory field which needs to be in order as stated in the diagram.

CSV file filter settings:
1) Field Deliminater: |
2) Text Deliminater: blank
(Use the | character to separate columns).

Finally, attached is an example of how the template should be created.

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to suit the Management Report

 


Menu Path:

Accounting > Maintenance > Configuration >

Chart Of Accounts

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