Ledger Accounts & Accounting Resources
What's Changing in Accounting?What to expect as we enhance SmartRec’s accounting features.
Chart of accountsManage your general ledger (GL) setup in the Accounting and finance > General ledger > Chart of accounts subtab.
System ledger accounts & their role in cash & accrual journal entriesLearn why a particular ledger account type is used in journal entries.
Ledger account Assignments (for accrual)The Assignments spreadsheet lets you map which ledger accounts to use in journal entries, for every transaction.
Cash accounting & journal entriesA quick cheat sheet on cash accounting and how cash-basis journal entries are generated in SmartRec.
Journal entries report (for accrual)Learn how to read and search for journal entries for accrual accounting.
Journal entry scenarios (for accrual)Accrual journal entry examples based on what is invoiced; and when revenue is recognized immediately or deferred.
How Revenue is Deferred and Recognized in SmartRecLearn how SmartRec defers revenue for each occurrence type on an accrual basis.
