General Ledger overview

The General Ledger (GL) module is the financial core of Vista: chart of accounts, fiscal years, journal entries, and month-end / year-end close.

Typical flow

1. Configure GL Company Parameters, fiscal years, and journals.
2. Build GL Account Parts and the GL Chart of Accounts (use the copier for additional segments).
3. Enter adjustments in GL Journal Transaction Entry and post batches.
4. Close subledgers, then the general ledger, with GL Month End Close. Run GL Beginning Balance Update at year end.

Before you use GL

• Audit options and max open months are set in company parameters.
• Fiscal years exist for periods you will post to.
• Retained earnings is the P account type before year-end beginning-balance update.

Related articles

• Configuring GL Company Parameters
• Setting Up GL Fiscal Years
• Managing GL Journals
• Configuring GL Account Parts
• Setting Up the GL Chart of Accounts
• Using the GL Chart of Accounts Copier
• Setting Up GL Intercompany Accounts
• Configuring GL Report Categories
• Setting Up GL Budgets
• GL Beginning Balances
• GL Journal Transaction Entry
• GL Month End Close