29 General Ledger
The General Ledger is a tracking mechanism which displays all financial changes that take place within the iSell platform and is part of our back office product. It is used to capture the financial transactions that occur within the system where costing remained unchanged during the booking or costing change transaction. Transactions that have a balance of 0 will not be displayed, such as if the booking has been cancelled. It can be exported in a format which can then be uploaded into a third-party accounting system which records Profit and Loss (P & L) and Balance Sheet changes by generating Ledger Reports.
The General Ledger module should only be used by qualified personnel who are efficient with accounting processes due to the nature in which the data is used for financial reporting.
You can configure the ledger and create and generate reports by access the ‘More…' menu, clicking on 'System Administration,’ and then navigating to the General Ledger Admin 2.0.