• Legal Entity creation (Company Creation)
• Financial dimensions setup
• Organization Hierarchy
• Ledger setup
• Chart of Accounts
• Accounts structure setup
• Advanced rule structure setup
• Currency and Exchange Rate Setup
• Periods and Fiscal Year Setup
• Date Intervals
• Journal setup

Advanced Setup for GL and transaction Entry

• Account Allocations Terms
• Accounts for automatic transactions
• Balance Control Accounts
• General Ledger Parameters
• Working with Journals
• Enter General Ledger Transactions
• General Ledger Transaction Reversal.
• Inquiries and Reports Related to the Chart of Accounts
• Inquire and View Reports on Daily Journal Transactions

Tax Setup

• Sales Tax Setup
• VAT
• Withholding tax setup

• Financial Statement Row Definition
• Financial Statement Column Definition
• Generation of Financial Statement

• Payment Schedule
• Terms of Payment
• Payment Days
• Cash Discount
• Payment Fee
• Methods of Payment
• Accounts Payable Posting Profiles
• Vendor Groups & Vendors
• Enter Transactions Using Invoice Journal & purchase orders
• PO Prepayments and settlement of prepayments
• Settlement process
• Payment journal process
• Reversal of transactions
• Intercompany orders

• Payment Schedule
• Terms of Payment
• Payment Days
• Cash Discount
• Payment Fee
• Methods of Payment
• Accounts Receivable Posting Profiles
• Customer Groups & Customers
• Enter Transactions Using Invoice Journal & Sales Orders
• SO Prepayments and settlement of SO with prepayments
• Settlement process
• Payment journal process
• Reversal of transactions
• Intercompany orders

• Bank Transaction Types
• Bank Transaction Groups
• Bank Groups
• Bank Accounts
• Bank Management Parameters
• Check Setup
• Enter Bank transactions – Checks, Electronic fund transfers etc.,
• Bank Reconciliation Statement