Before You Begin

You'll want to set up your Chart of Accounts with Account Numbers for expense categories you regularly use (office supplies, food/snacks, insurance, etc.) as well as any assets, liabilities, equity or revenue accounts you'll use. Of course, you can always come back later and add new account numbers as needed.

Configure Expenses & Ledger

Before entering vendors, recording checks or reconciling your checkbook you’ll need to select some of the overall setting that affect the Expenses & Ledger module.

• Account Assignments
• General Ledger Dates (Fiscal Calendar)
• Check Printing Setup
• Budgets
• Beginning Balances
• Journal Names

Vendor Information

Now that you’ve set up the basic configuration settings you’re ready to enter vendors.

• Vendor Information
• Contact People
• Standard Expense Account Numbers

Pay Bills, Reconcile Bank Accounts

Once the vendors information is added you may:

• Enter Year to Date Expenses
• Pay Bills / Issue Checks
• Print a Batch of Checks
• Make a Journal Entry
• Reconcile Bank Accounts
• Financial Reports

Bank Balance, Credit Cards, Petty Cash

Other topics of interest include:

• Bank Balance
• Credit Card Purchases
• Petty Cash

tags: accounts payable general ledger, expenses ledger, expenses and ledger, expenses & ledger