Overview
Set all the defaults to be used in the system for GL codes for particular transactions
- '''Trade Debtors, Creditors'''
- '''GST Paid and collected'''
- '''Dftl Income and Expense''' is Default Income and Expense Accounts
- '''Undeposited Funds'''
- '''Cash Discrepancy''' - for when counting cash floats
- '''Invoice Rounding''' on sales invoices
- '''Delivery Charges''' on sales orders
- '''Goods Received not Inv''' is goods received not invoiced
- '''Default Stock Asset''' - Inventory stock on hand
- '''Cost of Sales''' - COGS
- '''Cost of Sales Assembl''' - is cost of Sales Assemblies that are assembled only when sold and not stocked.
- '''Warranty''' costs for parts and labour
- '''Stock write off''' - example returns to scrap
- '''FC Position''' Foreign Currency
- '''GST Rate'''