Group

Chart of account (COA) is important for any company. Groups are collection of Ledgers of the same nature. Account Groups are maintained to determine the hierarchy of Ledger Accounts which is helpful in determining and presenting meaningful and compliant reports.

has the flexibility of setting user required chart of accounts. You can group the Ledger accounts under the required Groups at the time of creating the chart of accounts or you can alter them at any time.

The Group behavior is classified into Capital or Revenue and more specifically into Assets, Liabilities, Income and Expenditure. The Groups ascertain whether the same will affect Profit and Loss Account which is revenue in nature or Balance Sheet which is capital in nature.

 


How to Create New Group?

  1. Click The  Maste Information->Group Menu

  2. Create New Group: Select group then click right button.

  3. Click then Add menu
  4. Then type new group and press Enter key

How to Edit Group?

  1. Edit Group: Select group then click right button.

  2. Click then Edit menu
  3. Type update group and press Enter key

How to Delete Group?

  1. Delete Group: Select group then click right button.

  2. Click then Delete menu.

  3. Click then Ok button.

How to Change Group Relation?

  1. Change Group Relation: Select and drag group.
  2. Then drop select related group

  3. or Cancel drag n drop the selected group are drop


How to Sort Order Group?

  1. Sort Order Group: Select and drag group.
  2. Then drop select two groups gap.