What is the General Ledger?
  • 1 Minute to read
  • Dark
    Light

What is the General Ledger?

  • Dark
    Light

What is the General Ledger?

JobBag’s General Ledger module takes all transactions that have been entered in the Job Costing and Accounts modules of JobBag and processes them to the posting accounts in the General Ledger.

Transactions are posted automatically to the accounts in the ledger based on the accounts that have been mapped in the Job Costing module. Mapping takes place in a number of places within JobBag:

Control Systems (mapped within the Chart of Accounts):

Trade Debtors

Trade Creditors

Work In Progress

Accruals

GST

PAYG Withholding Tax Liability (Australia only)

More information in Control Account section
* Bank accounts
* Job Types
* Kinds

The mapping options in JobBag are extremely flexible and allow you to track your business in many different ways.


Menu

Access the various General Ledger financial transactions and verification routines through the ledger menu as below:


General Ledger-specific Reports

Access the various General Ledger financial reports through the Reports Menu as below:



Was this article helpful?