General Ledger

General Ledger

Overview : GL reconciliation is the process of ensuring that the data in a company's general ledger matches with sales register and purchase register uploaded in the system. It involves comparing transactions, finding discrepancies and errors. It's vital for accurate GST reporting and helps catches reporting issues.

To navigate to General Ledger user can go to Menu > General Ledger > General Ledger.



User need to import to Chart of Accounts for system to map the system. General Ledger can be imported by clicking on Import and upload.





Data imported successfully will be available on listing screen. To view the data user can click on Reference Id to view the complete details.





To filter the records , user can use filter and More Filters. To download the file user can go to Actions > Download Excel.





    • Related Articles

    • General Ledger Reconciliation

      Overview : GL reconciliation is the process of ensuring that the data in a company's general ledger matches with sales register and purchase register uploaded in the system. It involves comparing transactions, finding discrepancies and errors. It's ...

    • Goods & Services Tax (GST) What is GST in India? Indirect Tax Law Explained

      1. What is GST in India? GST is known as the Goods and Services Tax. It is an indirect tax which has replaced many indirect taxes in India such as the excise duty, VAT, services tax, etc. The Goods and Service Tax Act was passed in the Parliament on ...

    • How to generate E-waybill by IRN/E-invoice

      Note: To download the E-Way Bill by IRN, you must first generate the E-Invoice. The E-Way Bill can only be generated after the E-Invoice is successfully created. Firstly, We have to generate the E-invoice Log in to the Cygnet Portal. Go to the ...

    • IsService column Parameter in E-Way Bill Generation Criteria

      E-waybill is required when there is some goods movement involved. This is a validation from Government side. Hence, there should be at least one goods line in the invoice to generate E-waybill. For service invoices e-way bills are not required. ...

    • E-wayBill will not be generated for blocked user

      ยท Blocking of e-waybill generation means not allowing the taxpayer to generate e-waybills if he /she has not filed GST Return for latest two successive months or quarters. The blocked GSTIN cannot be used to generate the e-way bills either as ...