Financial Management::Manage Financial Transactions::Manage General Accounting

<span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Manage General Accounting Transactions focuses on the detailed steps involved in recording and managing individual financial transactions. This includes the following tasks:</span></span><br/><br/><span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Record Transactions</span></span><br/><span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Post to Ledger</span></span><br/><span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Trial Balance</span></span><br/><span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Adjust Entries</span></span><br/><span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Prepare financial reports</span></span><br/><span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Finalize accounts for the next period</span></span><br/><span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">This process differs from General Accounting Management which has a broader oversight of the entire accounting process, ensuring accuracy and compliance.</span></span><br/><br/><span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">This process was renamed in 24.5. Old name was Process General Accounting</span></span><br/>