Overview

This course provides a general overview of the features and benefits of using General Ledger in an integrated environment and focuses on how General Ledger integrates with other functional areas in the FreeBalance Accountability Suite™. This Course also focuses on the setup procedures and different types of accounts in General Ledger and how to define budgets for accounts using the FreeBalance application. This course also examines the functionality available to maintain General Ledger records. There is a module that focuses on correcting posted entries as well as changing and deleting account records. Information about the reconcile features in General Ledger are discussed, including the capability of reconciling to other sub-ledgers. Inquiries and reports are also discussed in this course.

Course Objectives

  • Define bookkeeping and accounting
  • Explain the general purposes and functions of accounting
  • Describe the main elements of financial accounting information – assets, liabilities, revenue and expenses
  • Identify the main financial statements and their purposes.
  • Use the accounting cycle to develop financial statements from government transactions

Course Content

  • General Ledger
  • Journal Voucher
  • Transaction Analysis
  • Sub Ledgers
  • Financial Statements and Reports

Target Audience

  • PFM consultants
  • GRP Consultants
  • Business Analysts
  • Civil Servants
  • Policymakers
  • Auditors
Dates On Demand
Length 0.5 Days
Pace Self Paced
Fees $50 (Introductory Price)
Language English

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