General ledger accounts
General ledger accounts on the Pismo platform maintain a comprehensive record of all financial transactions that occur within an organization. This supports the double-entry accounting method, which is a common accounting strategy that ensures comprehensive and accurate financial reporting.
General ledger accounts keep a record of the funds in your general ledger. Each accounting script has two accounting accounts. One records your organization's assets, and the other records its liabilities.
For information about general ledger accounts on the Pismo platform, refer to Accounting overview.
From the Control Center, you can:
- View general ledger accounts
- Create a new general ledger account
- Deactivate a general ledger account
Note that you cannot edit or delete general ledger accounts, you can only deactivate them.
View general ledger accounts
To view a list of all general ledger accounts, including deactivated accounts:
- From the main menu, select Configurations > General ledger accounts.
- On the General ledger accounts screen, select an account to view its details.
- (Optional) Once you display the details of an account, you can rename it. To rename the account, select the Edit icon next to the account name, make your change, and Save the changes.
Create a new general ledger account
To create a general ledger account:
- From the main menu, select Configurations > General ledger accounts.
- On the General ledger accounts screen, select Create.
- On the Create a general ledger account screen, do the following:
- Enter a name for the account.
- Enter an account number (up to 50 characters).
- Choose the programs that you want to use this account, using Search and Browse.
- Select Next then select Finish.
Deactivate a general ledger account
Control Center does not allow you to update or delete general ledger accounts—you can only deactivating them.
Once an account is deactivated, it cannot be reactivated. Inactive general ledger accounts still appear in search results.
To deactivate a general ledger account:
- From the main menu, select Configurations > General ledger accounts.
- On the General ledger accounts screen, select Deactivate account.
- Select Deactivate account again to confirm.
Updated 14 days ago