Report Configuration

Report Configuration: From here, you can set the report settings.

• Select Direct Income Ledger: Choose the direct income ledger from options like Income, Direct Income, or Indirect Income.

• Select Indirect Income Ledger: Choose and set the ledger for indirect income.

• Select Direct Expense Ledger: Choose and set the ledger for direct expenses.

• Select Indirect Expense Ledger: Choose and set the ledger for indirect expenses.

Financial Year Configuration: From here, you can set up the financial year settings, including:

• Income Summary Debit Ledger (Expense): Choose the ledger for recording expense-related debits in the income summary.

• Retail Earning Ledger (Liability): Set the ledger for retail earnings as a liability.

• Company Tax Payable (Liability): Select the ledger for company tax liabilities.

• Company Income Tax (Expense): Choose the ledger for company income tax expenses.

Tax Configuration: From here, you can set the tax settings, including:

• Company Tax (%):  Set the percentage of tax applicable to the company.

  Save: Click to save the configuration.