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Jim2® Business Engine Help File

Navigation: Jim2 Functions > Accounts > General Ledger

General Ledger Account Types

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When setting up your general ledger, there are a number of fields which relate to the type of account, and where you want to be able to use it within Jim2. Depending on the type of account being set up, there are several options selectable by tick boxes. Details are shown in the tables below.

 

gl account types

 

Account Type

Description

Notes

Header

Non-postable account

These accounts cannot have transactions posted to them. They are only intended to show the total of the subsidiary accounts below them.

 

header account

Detail

Postable account

These accounts can have transactions posted to them, and carry live balances.

 

detail account

Detail Cheque

Postable cheque account

These accounts are also postable accounts, but they can be selected in cheque book, creditors payments, etc., and can also be reconciled in the Bank Reconciliation section.

 

detail cheque

 

This account type is typically only used for bank accounts, including credit card (liability) accounts.

 

Tick Box Name

Description/Use

Notes

Active

Sets account active status.

Determines if this general ledger account is active, ie. can be used within Jim2.

Expense PO

Tick this box if you would like to make this account available for use in expense purchase orders.

Cannot be set to Expense PO if GL account is any of these:

A header account

A cheque or credit card account (Detail Cheque)

A linked GL account

A control account

Control Account

Tick this box if you would like to restrict users from posting transactions to this account.

Cannot be enabled if the GL account is any of these:

A header account

A detail cheque account (or credit card account)

An expense account

 

Control Accounts cannot be used in the following entries:

General journals

Cheques or deposits

Bank fees or interest

Debtor or creditor adjustments.

 

Further information:

Automatically Calculated Accounts

General Ledger

General Ledger at a Glance

General Ledger Footer

General Ledger Reports

Linked GL Accounts