mO SharemO Share

We’re excited to announce that the latest information is now available on our new site, the Ginesys One Wiki!. Visit the site for up-to-date resources and insights. We look forward to continuing to support you there!

Setting up the Account Class

Owned by Aparajita Basu Roy
Last updated: Feb 29, 2024
2 min read

Account Class allows the facility to further segregate the accounts of the supplier/customer, etc.,  as required for reporting purposes. Like instead of Supplier, you may need to segregate the data as Fabric Supplier and Raw Materials Supplier so that you can easily distinguish between the two and see the reports accordingly.

This form offers the facility to create different Classes for grouping the Sub Ledgers because a Sub Ledger depends on the Class selected. By default eight (8) classes are already incorporated at the time of installation of GINESYS. They are:

  • Customer

  • Supplier

  • Transporter

  • Jobber

  • Agent

  • TDS Agency

  • Employee

  • Others

       



Field Name

Description

Field Name

Description

Class Name

Name of the Class / Sub Ledger.

Class Type

This field shows class type to which the Sub Ledger would belong to.

Extinct

Allows you to extinct the desired Sub Ledger



Pre-requisites

  1. The users' role must have access to the Accounts Class feature in Admin - Finance - Chart of Accounts through Roles in Ginesys Web - Admin - Security.

Step-by-step guide



Add Account Class

  1. Click on the Add button.The Add Account Class window appears.

        


  2. Type the name of the class, i.e, the Class Name and select the respective Class Type for creating classes. 

                            



Edit Account Class

Note: You can also edit the Account Class by clicking on the Edit option in the Action button.



  1. Double click on the Account Class name that you want to edit. The Edit Account Class window appears. 

               


  2. Type/edit the name of the class, i.e, the Class Name.

             


  3. To make a class extinct, check on the box This record is extinct in the Edit Account Class window present on the lower left corner of the window.

    Note: You cannot edit or modify the Class Type.

    To edit or modify the Class Type, you need to mark the Account Class as extinct and then make a new Account Class with the desired Class Type.



           

To go back to the main page click on Managing Chart of Accounts in Ginesys ERP Admin