Use this tab of the form to select default GL accounts for the Money module.

Default GL accounts. The Money tab

If the Entity field is empty, the settings on the form are intended for all the entities of the company. If you need to specify accounts to be used for a particular entity, select this entity in the field.

The form includes the Entity field and, below the Entity field, a pane that contains fields for selecting the default accounts intended for a specific module or functionality. To switch between modules or functions, use the following tabs to the left:

• Money: This tab allows you to set up default GL accounts for the Money module.
• Exchange Differences: Use this tab to set up default GL accounts for gains and losses due to exchange rate fluctuations.
• Payroll and Human Resources: This tab enables you to set up default GL accounts for the HR and Payroll module.
• Taxes: This tab allows you to set up default GL accounts for the Taxes module.
• Service: Using this tab, you can specify an account to be used as service account for beginning balances.

The pane to the right provides the fields specific for each tab which you use to select the corresponding default GL accounts.

In the Bank Accounts field, you can specify an asset account to be used to register all transactions in bank accounts created for the entity or all entities.

The Cash Registers account is intended for accounting of financial resources in retail sales. It is used as the default GL account when you create a new cash account.

The Cash account is intended for accounting of financial resources in cash accounts, excepting the retail outlet cash accounts. It is used by default when adding a new cash account to the Cash Account list.

The Cash in Transit account is intended for registering the transfers of financial resources and registering the cheques which are on entity's balance.

The Cash Assets Deferred account is intended for OBS (off-balance-sheet) cheque accounting.

The toolbar buttons

After filling out the form or any of the tabs, click the Save button to save your work or Save and close to save the changes and close the form.