Set General Ledger Accounting Method

This article will show you how to set your General Ledger (GL) Accounting Method.

There are two Accounting Methods:

• Accrual: Recognizes revenue even if the balance is due

• Cash: Only recognizes revenue when payment is received

  Note:

  You must select Cash to be able to adjust Un-itemized Revenue Codes.

Instructions

1. Navigate to Configuration > Organization > Organization Options

2. In the Search Settings box, search for General Ledger Accounting Method

   Note:

   Search results will populate automatically.

3. Use the dropdown menu to select Cash or Accrual

4. Click Save Settings