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
- Configure GL Company Parameters, fiscal years, and journals.
- Build GL Account Parts and the GL Chart of Accounts (use the copier for additional segments).
- Enter adjustments in GL Journal Transaction Entry and post batches.
- 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.