Accounting

Accounting

This section lists all the important articles required by the accounting department to understand in depth the transaction that will take place in the business for the initial set up or for the functioning of daily tasks in Versa: 

General Ledger: Overview-

https://support.versaclouderp.com/hc/en-us/articles/360022058653-General-Ledger-Overview

 

General Ledger Entries Overview-

https://support.versaclouderp.com/hc/en-us/articles/360021952014-General-Ledger-Entries-Overview

GL account groups for Reporting-

https://support.versaclouderp.com/hc/en-us/articles/360021861174-GL-Account-Groups-for-Reporting

 

Creating manual GL Transactions-

https://support.versaclouderp.com/hc/en-us/articles/360021860774-Creating-Manual-GL-Transactions

 

Accounting entries by transaction types-

https://support.versaclouderp.com/hc/en-us/articles/360061787974-Accounting-Entries-By-Transaction-Types

 

How to correct inventory with a negative cost OR zero quantity, but positive value in Average Inventory-

https://support.versaclouderp.com/hc/en-us/articles/360022059153-How-to-correct-inventory-with-negative-cost-or-zero-quantity-but-positive-value-in-Average-inventory

 

Viewing GL Transactions-

https://support.versaclouderp.com/hc/en-us/articles/360021860714-Viewing-GL-Transactions

 

How to refund a balance on customer’s accounts receivable account-

https://support.versaclouderp.com/hc/en-us/articles/360021951774-How-to-refund-a-balance-on-customer-s-accounts-receivable-account-

 

Payment receipt batch-

https://support.versaclouderp.com/hc/en-us/articles/360022156173-Payment-Receipt-Batch

 

Setup ACH (US) Payments-

https://support.versaclouderp.com/hc/en-us/articles/360043416293-Setup-ACH-US-Payments

 

Collecting customer invoice payment through ACH-

https://support.versaclouderp.com/hc/en-us/articles/360052222714-Collecting-Customer-Invoice-Payment-Through-ACH

 

 

Recording overpayment for Invoices-

https://support.versaclouderp.com/hc/en-us/articles/6208778008339-Recording-Overpayment-for-Invoices

 

 

Return merchandise Authorization (RMA)-

https://support.versaclouderp.com/hc/en-us/articles/360022059073-Return-merchandise-authorization-RMA-

 

US 1099 Reporting Overview-

https://support.versaclouderp.com/hc/en-us/articles/360022156773-US-1099-Reporting-Overview

 

Reconciliation of Bank Accounts-

https://support.versaclouderp.com/hc/en-us/articles/6938189399699-Reconciliation-of-Bank-Accounts

 

Bank reconciliation video-

https://support.versaclouderp.com/hc/en-us/articles/360021950994-Bank-Reconciliation

 

How to record a payment for invoice video-

https://support.versaclouderp.com/hc/en-us/articles/360022057353-12-How-to-Record-a-Payment-For-Invoice

 

Record a payment on invoices and payment on bills for the same company-

https://support.versaclouderp.com/hc/en-us/articles/360038890813-Record-a-payment-on-invoices-and-payment-on-bills-for-the-same-company

 

 

 

Record payment on sales order and apply to invoice GL Entries-

https://support.versaclouderp.com/hc/en-us/articles/4414560923539-Record-Payment-On-Sales-Order-and-Apply-To-Invoice

 

Posting a shipment receipt-General Ledger entries-

https://support.versaclouderp.com/hc/en-us/articles/360021952314-Posting-a-Shipment-Receipt-General-Ledger-Entry

 

Shipping an order-general ledger entry-

https://support.versaclouderp.com/hc/en-us/articles/360021952054-Shipping-an-Order-General-Ledger-Entry

 

Receiving payment on the invoice-General ledger entries-

https://support.versaclouderp.com/hc/en-us/articles/360022157353-Receiving-Payment-on-the-Invoice-General-Ledger-Entry

 

Posting an invoice-General Ledger Entries-

https://support.versaclouderp.com/hc/en-us/articles/360021952234-Posting-an-Invoice-General-Ledger-Entry

 

 

How to create a new bill video-

https://support.versaclouderp.com/hc/en-us/articles/360022057313-13-How-to-Create-a-New-Bill

 

 

How to run reports video-

https://support.versaclouderp.com/hc/en-us/articles/360035864253-14-How-to-Run-Reports

 

How to create a new report (custom report builder) video-

https://support.versaclouderp.com/hc/en-us/articles/360035864473-16-How-to-Create-a-New-Report-custom-report-builder-

 

Entering and paying supplier bills video-

https://support.versaclouderp.com/hc/en-us/articles/360038881493-Entering-and-Paying-Supplier-Invoices-Bills

 

Customizing Financial Reports video-

https://support.versaclouderp.com/hc/en-us/articles/360021951134-Customizing-Financial-Reports

 

Payment Disbursements Batch-

https://support.versaclouderp.com/hc/en-us/articles/360021951034-Payment-Disbursements-Batch

 

Creating Credit Notes video-

https://support.versaclouderp.com/hc/en-us/articles/360022155933-Creating-Credit-Notes

Audit trail and Reversing GL Entries-

https://support.versaclouderp.com/hc/en-us/articles/5719354413715-Audit-Trail-and-Reversing-GL-Entries

 

Accounting entries by transaction types-

https://support.versaclouderp.com/hc/en-us/articles/360061787974-Accounting-Entries-By-Transaction-Types

 

Managing Fixed assets-

https://support.versaclouderp.com/hc/en-us/articles/5719460782483-Managing-Fixed-Assets

 

Automatic Import of Bank transaction through Plaid-(if applicable)

https://support.versaclouderp.com/hc/en-us/articles/8357658625811-Automatic-Import-of-Bank-Transaction-Through-Plaid

 

Retained Earnings to Period Start Line in Financial reports

https://support.versaclouderp.com/hc/en-us/articles/360062949753--Retained-Earnings-to-Period-Start-Line-in-Financial-Reports

 

Sales tax reporting by State-

https://support.versaclouderp.com/hc/en-us/articles/1500011645701-Sales-Tax-Reporting-by-State

 

How to transfer cash to Foreign Currency Bank Account-

https://support.versaclouderp.com/hc/en-us/articles/1500003267381-How-to-Transfer-Cash-to-Foreign-Currency-Bank-Account

 

How to distribute freight cost or other landed cost to products-

https://support.versaclouderp.com/hc/en-us/articles/360021951814-How-to-distribute-freight-cost-or-other-landed-cost-to-products