General Ledger

There are several setup tables which control much of the financial functionality of the SedonaOffice application.  Below is a list of all General Ledger Setup Tables and Options. Follow the links below for each General Ledger related setup table. ...

Each Customer and Site record is assigned to a Branch.  A Branch is a means to group your Customer and/or Sites together mainly for financial reporting purposes.  Branches can be used for dividing your Customer and/or Sites geographically, by ac...

The Category table is used to group financial transactions into user-defined categories for reporting purposes.  A Category may be a department within your company, a geographic location, a division of service, or a profit center.  The Category ...

The Chart of Accounts is used to track all your financial data.  If you already use an accounting system, you may already have a chart of accounts, or you may wish to discuss this with your CPA prior to setting up this table.  A default chart of...

When at least one Financial Transaction has been created in your database, you cannot change the Accounting Periods.  Please make certain the starting year and starting date are accurate before clicking on the Apply button. Create your Accountin...

The GL Account Code Length is the only item on this setup form that may be modified.  This is the number of digits all general ledger account numbers must be set.  The Branch and Category GL Code Lengths are fixed values, however if your company...

All financial transactions posted in SedonaOffice are tied to a transaction date which is associated to a single accounting period.  The accounting period and transaction date are used throughout the system for display and reporting purposes.  Fo...

When an EFT Payment is returned as Previously Funded a negative payment batch is created to reverse the payment and unapply the payment from the invoices to which was originally applied. The system will also create an invoice for the amount of the p...

When adding a New Company Bank Account, the first step is to set up the GL Account for that Bank. Under Sedona Setup go to GL – Chart of Accounts. Select “New” and enter the GL Account Code and Description. ...