Overview: Ascent Financial Platform Transaction Profiles are the “last stop” for obtaining general ledger accounts for Ascent transactions that create journal entries. The general format is as follows: Transaction Profile Name: this is the name your company has given to this transaction profile. It is completely user defined. Debit GL Account: this should be the […]
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General Ledger Accounts
Overview General Ledger accounts are required in Ascent if you wish to create journal entries for each translation that has financial implications. Of course, you would need to have AFP (Ascent Financial Platform) installed first. To create a general ledger account, you would select the function GL Accounts: Then, select New at the upper […]
Continue readingMore TagSO/PO – Drop Ship Journals
Overview This document will serve as an overview of the functionality available via Sales Orders and Purchase Orders via the usage of Advanced Drop Ship and the AFP tool to create a sales order, purchase order, purchase order receipt, purchase journals, sales order pack and sales order pack journals. Definition: Drop shipments are possible as […]
Continue readingMore TagSales Order – Packing Journals
Overview This document will serve as an overview of the functionality available via Sales Orders and the AFP tool to create a simple sales order, pack the sales order, and generate journal entries. Definition: Journal Entries can occur once a sales order line is packed. No journal entries are created for allocations or staging. The […]
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