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Definition: What is it?

The Accounts Summary screen contains several quick links to key reports to view specific accounts information. It also contains a link to any transactions that have failed to be post as well as options to quickly create accounting transactions.

What is it used for?

It is used to access key reports such as:

  • Trial Balance
  • Income Statement (also called the Profit and Loss Statement or Statement of Financial Performance)
  • Balance Sheet (also called the Statement of Financial Position)

It also allows access to a list of 'Un-posted transactions' that have failed to be processed into the Chart of Accounts. Usually unposted transactions indicate that there is some error in the general ledger setup which can range from a mapping problem to a financial or fiscal period not being setup.

There are two other options that allows the quick creation of accounting transactions - Sales and Payment. NOTE: That these type of transactions can be created without the need to link to any specific Sales Order or Payment which means that they can be used to make adjustments or corrections to allow accounts to be reconciled. 

What's on the screen?

TO DO

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