Configure General Ledger

Related information

Related topics

• Dynamic allocations overview
• About transaction allocations
• Journal entry approval overview
• Create a budget
• Chart of accounts overview

Use the Configure General Ledger page to control how transactions are entered for your company. The page is divided into the following sections:

• Accounting settings: Use this section to select your organization's accounting method, set up GAAP (Generally Accepted Accounting Principles) and Tax, and specify how Intacct handles multi-currency accounting.

• Reports: Default report permissions and the use of title and labels are defined here.

• Dimensions settings: Use this section to select and sort the dimensions that you plan to use.

• Approval options: Use this section to set up an approval workflow for General Ledger journal entries.

• Advanced General Ledger options: This section includes settings for user-defined books and dimensions, dimension relationships, and more.

To configure General Ledger:

1. Go to General Ledger > Setup > Configuration.

2. Using the field descriptions as a guide, enter the settings needed to configure the General Ledger for your company.

3. Select Save.