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 […]
Continue readingMore TagTag: journal entries
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 Tag