Screenshot:G/L Item

G/L Item

A G/L item is an account item to be used for direct account posting.

G/L Item window allows to create as many account items as required for an organization and general ledger.

Organization : Organizational entity within client
Name : A non-unique identifier for a record/document often used as a search tool.
Description : A space to write additional related information.
Enable In Financial Invoices : It is a flag to mark some glitem to be shown in booking a Financial Invoice in the Invoice Line window.
Tax Category : A classification of tax options based on similar characteristics or attributes.
Enable in Cash : Enable In Cash
Active : A flag indicating whether this record is available for use or de-activated.
Withholding : Withholding
Tax : The percentage of money requested by the government for this specified product or transaction.
G/L Item : An alias for the Account Combination which can be commonly used in daily operations.
Creation Date : The date that this record is completed.
Client : Client for this installation.

Account items are directly related to the debit and credit accounts to be used while posting them.

General Ledger : The book containing all financial transactions recorded for the legal entity.
Glitem debit acct : Glitem debit account
Glitem credit acct : Glitem credit account
Active : A flag indicating whether this record is available for use or de-activated.
Organization : Organizational entity within client
GL Item Accounting
G/L Item : An alias for the Account Combination which can be commonly used in daily operations.
Client : Client for this installation.