Ledger

A ledger is a comprehensive record of all financial transactions of an organization, organized by account. It tracks debits and credits for each account, such as cash, bank, salaries, or expenses, and provides a running balance. Ledgers are essential for maintaining accurate accounting records, preparing financial statements, and auditing. They help in monitoring the financial health of the organization and ensure transparency in all monetary transactions.

From here you can see all the ledger lists with details. Such as:

• Code: You can see the code of the ledger.

• Name: You can see the name of the ledger.

• Cost Center: Select if the ledger is cost center or not.

• Status: You can see the status of the ledger.

• Balance: You can see the balance of the ledger.

• Actions: From here you can perform multiple actions.

  
  

  
  

  
  

  By clicking the select button you can perform multiple actions. Such as:

  • Edit: Modify the record.

  • Delete: Remove the record.

  
  

  
  

  
  

  Add Ledger: If you want to add a new ledger you can do it from here. To add a new ledger just follow the below steps:

  • Name: Enter the name of the ledger.

  • Code: Enter a unique code for the ledger.

  • Account Type: Select the account type (Asset, Liability, Expense, Income, or Equity).

  • Is Group/Cost Center: Specify if the ledger is a group or cost center.

  • Ledger Type: Set the type of the ledger.

  • Status: Set the ledger status (active/inactive)

  • Add As Account: Choose whether to add it as a primary account or sub-account.

    
    

  
  

  
  

  Import: You can import the data table from here.

  Export: You can export the data table from here.