Using Account

Each account number in your general ledger must be associated with a valid account type and range of account numbers that are recognized by Net•Yield. The account types and associated ranges must conform to those found in the section on accounts.

Use your existing system's chart of accounts as a guide to create your Net•Yield accounts. Additional accounts may need to be added in order to track other types of transactions or processes that are specific to your company.

Net•Yield comes with a preloaded set of accounts that will serve as your accounting defaults. However, you will probably want to create additional accounts within Net•Yield in order to accurately keep track of your company's financial information. For instance, if your company processes materials into other products, you may need to add new accounts for sales and manufacturing of the cost allocations used during the production process. 

When enter the Account option a Select An Account window will display with the following options:

• EXIT – Select EXIT to exit the Account option and return to the Ledger menu.
• ADD – Select ADD to add a new account.
• PRINT LIST – Select PRINT LIST to print a list of accounts.
• A list of accounts.

Use the Available Actions links below for more information.

Security Required : Ledger - Accounts