[Web-erp-developers] explaination company setup gl accounts

[Stins, D. <DR...@Zi...>]

BlankHoi,

I tried to understand the GL accounts functionality in the company setup.
Please help me to explain.

With best regards,
Dick Stins

Debtors Control GL Account:
- All invoices sent to customers are registrated at this GL

Creditors Control GL Account:
- All received invoices of suppliers are registrated at this GL

Payroll Net Pay Clearing GL Account:
- All netto payed amounts to the employees are registrated at this GL (no
taxes)

Goods Received Clearing GL Account:
- All orders (or invoices of suppliers) are registrated at GL account ....
- When the order is received, then it will be registrated at this goods
received clearing GL account.

Retained Earning Clearing GL Account:
- All payments for invoices send to customers

Freight Re-charged GL Account:
- ?

Exchange Variances GL Account:
- differences in exchange rates ?

Sales Exchange Variances GL Account:
- differences in exchange rates when sold to your clients

Purchases Exchange Variances GL Account:
- differences in exchange rates when bought from your suppliers

Payment Discount GL Account:
- discount when payed in time? or all discounts you give to the customers?
Or discounts from the suppliers?