1. Company and Accounts
General Ledger
Go to: Accounts > Company and Accounts > General Ledger.
The General Ledger is a detailed report for all transactions posted to each account and for every transaction there is a Credit and Debit account so it lists them all up.
The report is based on the table GL Entry and can be filtered by many pre-defined filters like Account, Cost Centers, Party, Project Period etc. This helps you to get a full update for all entries posted in a period against any account. The result can be grouped by Account, Voucher/Transaction and Party with opening and closing balances for each group. In the case of multi-currency accounting, there is also an option to check the amounts in any other currency than the company’s base currency.
2. Accounting Statements
2.1 Accounts Receivable and Accounts Payable (AR / AP)
Go to: Accounts > Accounting Statements > Accounts Receivable.
These reports help you to track the outstanding amount of Customers and Suppliers. It also provides ageing analysis i.e. a break-up of outstanding amount based on the period for which the amount is outstanding.
2.1.1 Accounts Receivables based on Payment terms
You can also see Accounts Receivables based on Payment Terms.
Accounts Receivable report based on payment terms can be seen by clicking the checkbox ‘Based On Payment Terms’ as shown in the following screenshot.
Outstanding amounts against each payment term can be seen. Invoiced Amount shows each payment term amount and Paid Amount shows paid amount against each payment term. Payment against each term is allocated in a FIFO order.
