003_Settings_03_Configurations

This manual on Configurations shows the information about the arrangement or set up of the company's information which includes: Chart of Accounts is a listing of the names of the accounts that a company has identified and made available for recording transactions in its general ledger. Vendor here you can set up the list of supplies goods or services of a company. Customers, here you can set up the list of customers that your company has. Product or Services, here you can input all the products and services that your company has. Taxes for VAT & Withholding Taxes, here you can set up the proper tax account and also can add or edit tax account. Responsibility Center the one who is responsible or liable to the transactions it maybe per department or your company's branch. Warehouse if your business has warehouses you can set up it here. Lastly, Proforma Entries are the adjusting entries in order to have an accurate balance sheet and income statement.