Ledger Accounts & Accounting Resources
By Samantha1 author8 articles
- 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)Use the Assignments workbook in Excel to map which ledger accounts to use in journal entries, for every transaction (for accrual only).
- 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.