General Ledger Workbook

Using This WorkbookIn This SectionThis section introduces this General Ledger Workbook anddescribes, in general terms, what the General Ledgerapplication can do for you. This section also describes:• who should use this workbook• how this workbook is structured• what conventions are used throughout this workbook• who to call for helpAbout General LedgerThe General Ledger application is designed to provide up-tothe-minutefinancial information about your business. You cankeep an ongoing history of your business to compare differentyears. For example, you may want to compare your salesrevenue last year at this time with the sales so far this year.You may set up different financial entities so that you can printfinancial statements for:• different parts of your store (for example, departments)and/or• different stores (if you are a multistore user)including• a consolidation of all financial entitiesThe General Ledger application is very flexible.• You can design the chart of accounts and financialstatements to meet your basic needs.or• You can create more detailed chart of accounts and financialstatements including SAF (Sources and Applications ofFunds) statements.Using This Workbook0/1090/H5295 In This Section 1-1