General ledger accounting is an awesome PHP web application for accounting. The simple installation wizard helps you kickstart your accounting with General ledger accounting app. There are various features which can help you fulfill your daily business accounting needs. I wonder if i would be able to put light on all features accurately but my best try would be to give you basic concept of General ledger accounting script. Before you make your mind about our accounting application. The general ledger is actually a record of a business which have data of all transactions happen in the business on daily basis.
So while there are various types of transactions going on in any business regularly. For example salaries, expenses, income, sales, invoices, bank account and much more. Every time a transaction happens in a business that debits in an account and credits from another account. This is called T accounting system where both sides of debit and credit always have to be equal.
So what do you need to manage your T accounts or general ledger? You need a system which let you create accounts and select the types of accounts. Then system let you add journal voucher and that journal voucher can put entries into right accounts.
What are some basic features of General ledger accounting script?
Well as i stated above i would may not able to highlight all the features general ledger accounting app or script have. But i recommend you to click on live preview button above to check the demo or please watch the video below which can give you a little more information about how general ledger accounting is working.
So now you have basic idea how powerful this simple general ledger script can be which gives you complete authority how do you want to manage accounts of your organization. Yeah you can use general ledger accounting to manage your personal accounts as well to keep track of your budget and overheads.
Note: If you need web hosting for and installation help please contact us to arrange everything for you in good price.
Installation is very easy just download the script and create your database , database user, and database password. Update everything in lib >> includes >> db_connect.php file. After updating please upload the script on your web server or to use in local web server try xampp. Then run the script and that’s it you are done.
Dashboard of General ledger accounting gives you information about users logins. And dashboard also provides you the summary of each accounting. If you are a subscriber with single company access you will see accounts related to only that company and nothing else. The powerful dashboard have many other features like notes, messages and user management.
3. User Management
You can easily create new users and edit existing one. You can also ban, suspend or activate any user you want. If you add a new administrator that will have same rights as you have so be careful.
You can add unlimited companies and there is no limit to add number of companies you want to manage. Each company can have its own manager which you can give them access by going to company access menu. Every company let you add its currency and other information which shows up in ledger head and other areas of script. Please remember you have to add separate accounts for each company and you cannot use accounts from one company in another.
General ledger accounting let you add unlimited number of accounts and you have to select the type of an account when you are adding it. There are different types of accounts you can add like liability, expense, revenue, assets and equity.
Other part in accounts is account groups you can add account groups so you can see the ledger summary based on that account group.
6. Account Groups
Groups are used to device accounts in different groups for example if you are receiving dividends from various companies, you can just simply create dividend account and put all those companies accounts in that group. So later when you are trying to see summary of accounts only related to that group its easy for you.
7. Journal Vouchers
How do you post an entry in general ledger accounting web application is important and simple as well above you can see the single voucher entry. And below you can see the list of all vouchers which entered in specific date range. The main part of journal voucher is there should be equal amount in both debit and credit sides. Once the balance is zero then it can be posted.
8. Ledger Summary
Gives you the detail of each account and its balance so you can decide what to do with a credit or salary account. Or how to use the money left in your bank etc.
9. Trial Balance
Trial balance gives you data about every account in a specific company so you can make decisions about your business seeing the record of accounts.
10. Ledger of Account
Its just a report shows everything happening or posted in a specific account which also shows the columns of debit, credit and balance.
Notes are where users can keep the record of their personal notes so they can use. Every user can only see their own notes and no one can see the notes of other users in general ledger accounting.
Announcements are great when you want to push a message to all team members who login and you want them to see something before they start work. For example if you want to show everyone that they should not post before 12 AM you can do that.
We have also included powerful message system so you can easily communicate with your team members who are working on your companies or accounts. The message system requires you to know the email or username of a user whom you want to send message. But if you are admin you can simply go to user management screen where you can see message button in front of each user. You can also send message at once to all users or user levels so the message would be gone to only users who are in that level admin or subscriber.
Please note emails would only deliver if users have turned on send me email notification option in their profiles. By default its a disabled feature.
Our customers are always impressed and thankful for the extra ordinary support they receive. We are always willing to help you so you can easily adopt the product or script which you have bought from us. To get customer support you can simply go to support system and open your support ticket and you will be attended within few hours.
Final Words About General Ledger Accounting
Thank you for exploring our general ledger accounting web application. We have worked hard and explored many available accounting software to understand the requirements of customers. The simplicity and not having features which you don’t need is the edge our accounting software have. We are always willing to get you started and you can contact us if you have any questions or do need our support in installation or setup.
What Other say about our Product!
Thank you for awesome general ledger script which have helped me to get my accounts in my control and get the features i want to manage my business. I am not scared of any loss or theft of my confidential data. The PHP general ledger script have grown my accounts recording activity so well that i have nothing to worry now.
This product is the best, they have an updated version that is compatible with PHP 7.2 (Make sure you install using Xammp not wamp) plus a very responsive customer support. I bought it to use it for Mobile money and agent banking and without any modification the system is doing the work perfectly. Before purchasing this purchased "Glasy General Ledger Accounting" which later found out that was scammed as it was full of bugs with no support. Thank you webfulcreations I recommend others to buy your scripts as they are bug free and perfectly do the work.