Setting Default General Ledger Accounts

Setting default accounts in System Controls ensures that many routine transactions consistently post to the general ledger. In new TireMaster systems, general ledger account numbers are already assigned to the following controls:

Default Account - Cash
Default Account - Cash Over/Short
Default Account - FET Correction
Default Account - Finance Charge Income
Default Account - Freight
Default Account - Inventory Correction
Default Account - PO Sales Tax Expense
Default Account - Sales Tax
Default Account - Sales Tax Rounding
Default Account - Year-End Profit Loss

You can leave the default settings as is or assign different accounts to the controls. For more information, see General Ledger Controls.

To set a default general ledger account

1. On the Setup menu, select System Controls. The System Controls screen appears.

2. Click the General Ledger tab.

3. Select the control for the default account that you want to set, and press Enter. The Chart of Accounts screen appears.

4. Select an account, and click OK.

5. To set additional controls for default accounts, repeat steps 3 and 4.

6. Close the System Controls screen.