Item Accounting

In order to enter the item transactions, the corresponding accounts, i.e. where to enter information, have to be defined. It is also necessary to define:

•      the table of VAT rates (Tables option, General Ledger menu),

•      the table of item categories,

•      the table of customer categories,

•      the table of vendor categories,

•      the table of payment modes categories,

These definitions can be made only if the chart of accounts has been established.

The accounts described below are identified by a code between brackets. The automatic transactions are described in the sections AR & AP Automatic transactions and Automatic transactions in production.