Accounts

Configure all aspects of accounting and financial transactions in ALB.

This section explains how to set up and administer everything that needs to be in place for you to process financial transactions in the software. It deals with aspects of accounting such as financial years, periods, disbursement types, VAT rates, and nominal accounts etc.

In this section:

• Accounts Requests
• Aged bands
• Budgets and forecasts
• Clearance types
• Control balance types
• Currency types
• Disbursements
• Exchange rates
• Financial years
• Nominals
• Payment methods
• Periods
• Profit and loss and balance sheet headings
• Posting descriptions
• Purchase Ledger apportionments
• Standard templates
• VAT rates