Thee content from this post dated September 22, 2011 is no longer current. For the most recent information regarding SapphireOne, we encourage you to consult our Knowledge Base
SapphireOne’s General Ledger Class inquiry is a 4 alphanumeric ID which creates hierarchical level grouping which sits above the general ledger accounts. This grouping structure gives the ability to report the Trial Balance, Income Statement (P&L) and Balance Sheet as a condensed summary, where you may have an extensive list of general ledger accounts that sit within a single general ledger class, this allows us to create a condensed and simplified report.
The General Ledger Class structure has three reporting groups; Class, Group and Report. Under the class heading there are twelve classes to define the general ledger: Income, Costs of Goods, other Income, Expenses, Appropriation, Current Assets, Bank Assets, Non-Current Assets, Current Liabilities, Non- Current Liabilities, Bank Liabilities and Equity.
We have the ability to add notes to the general Ledger Class which are date & time stamped with the user’s ID.
When creating a new General Ledger account, we add the General Ledger Class which will fill the reporting positions automatically. The General Ledger Class setting determines whether the General Ledger account is a debit or credit type account.
On a standard General Ledger inquiry screen, the Class is the forth column which can be sorted or subset to show a single class of General ledger accounts, or by holding the Command key on a Mac OS or control key on Windows OS, a user may select a range of classes to show a subset. On a custom inquiry, the user can select any number of fields to view.
SapphireOne – GL Class Inquiry
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