General Ledger: Account Options |
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Account defaults tab.
Here you specify all the contra accounts that is used throughout the program. Example, if you do a cash journal you only have to do one entry and the contra account, in this instance your bank account will automatically be used.
Contras in journals are very handy, in that they serve to create the other side of a journal automatically, thus saving time on data capture.
Please note that if you hover your mouse over certain parts of the form below, the cursor () will change to a hand (). Click to get specific help on that part of the form.
Set all the account defaults.