Accounting Configuration
From here you can do the account configuration as per your need. Which are given below:
Auto Approve Configuration: From here, you can set the auto-approve settings. Such as:
Bank Voucher: Set whether the bank voucher will be automatically approved or not.
Cash Voucher: Set whether the cash voucher will be automatically approved or not.
Journal Voucher: Configure if the journal voucher will be auto-approved.
Use Cashflow in Accounting: Choose whether to use cashflow in the accounting process.
Transaction Auto Approval: From here you can set the transaction auto approval. Such as:
Voucher Approval Configuration: From here, you can set the approval requirements for different types of vouchers:
Sale Voucher Approval: Set whether sale vouchers need to be approved before finalizing.
Sale Return Voucher Approval: Set whether sale return vouchers require approval.
Purchase Voucher Approval: Configure if purchase vouchers need approval.
Retailer Add Balance Voucher Approval: Set the approval process for adding balance vouchers for retailers.
Retailer Subtraction Balance Voucher Approval: Configure approval for subtracting balance vouchers for retailers.
Add Balance Voucher Approval: Set the approval process for general add balance vouchers.
Account Configuration: From here, you can select and set various account configurations:
Select and Set Receivable Account: Choose and set the receivable account.
Select and Set Payable Account: Choose and set the payable account.
Select and Set Ledger Account for Employee: Choose and set the ledger account for employee-related transactions.
Select and Set Default Expense Account: Choose and set the default account for expenses.
Select and Set Default Income Account: Choose and set the default account for income.
Select and Set Default Online Transaction Account: Choose and set the account for online transactions.
Select and Set Default Salary Expense Account: Choose and set the default account for salary expenses.
Select and Set Advance Loan and Accrued Salary Account: Choose and set the account for advance loans and accrued salaries.
Select and Set Employee Tax Ledger: Choose and set the ledger account for employee taxes.
Select and Set Default Sales Account: Choose and set the default sales account.
Select and Set Default Sales Return Account: Choose and set the default account for sales returns.
Select and Set Inventory/Purchase Account: Choose and set the account for inventory/purchase.
Select and Set Default Cost of Goods Sold Account: Choose and set the default account for the cost of goods sold.
Select and Set Default Capital Account (CR): Choose and set the default capital account for credits.
Select and Set Shipping and Other Charge Expense Account: Choose and set the account for shipping and other charge expenses.
Select and Set Shipping and Other Charge Income Account: Choose and set the account for shipping and other charge income.
Select and Set Default Product Tax Account (If GST Disabled): Choose and set the account for product tax if GST is disabled.
Select and Set CGST Account (If GST Enabled): Choose and set the CGST account if GST is enabled.
Select and Set SGST Account (If GST Enabled): Choose and set the SGST account if GST is enabled.
Select and Set CESS Account (If GST Enabled): Choose and set the CESS account if GST is enabled.
Select and Set Retailer/Affiliator Commissions Account: Choose and set the account for retailer/affiliator commissions.
Select and Set Purchase Discount Received at Payment Time Account: Choose and set the account for purchase discounts received at payment time.
Select and Set Sale Discount at Receive Time Account: Choose and set the account for sale discounts at receive time.
Select and Set Default Warranty Liability Account: Choose and set the account for warranty liabilities.
Select and Set Opening Balance Account: Choose and set the opening balance account.
Select and Set Stock Adjustment Loss Account: Choose and set the account for stock adjustment losses.
Select and Set Stock Adjustment Income Account: Choose and set the account for stock adjustment income.
Save: Click to save the configuration.
