ABL / ABL GL / ABL GL Setup

ABL GL Setup

The ABL GL Setup page is for creating the Lender's General Ledger account names and numbers that will be used/tracked in Cync.

GL transaction codes are created from the charge codes that were set up under ABL Charge Codes page. 

Cync auto-populates these codes into this screen where you can assign the appropriate GL Number and GL Names to each. 
The GL numbers and names should match the ones that you are using in your GL Accounting System if you wish to import transactions from Cync.

You can create and edit the record.

Table of Contents

Refer to the Screenshot
ABL GL Setup Home Page

 

Fields and Descriptions

Fields

Descriptions

Charge Code

Defines the charge code for the transaction.

GL Account No

Specifies the GL Account number for the transaction.

GL Account name

Defines the name of the GL Account.

Transaction Code

It displays the transaction code for the charge code, for which the transaction is processed.

Account Group

It displays the list created in the Account Group settings pop-up. From the drop-down, the user can assign an Account group to any charge code.

Manage Account Groups

Follow the steps below to manage account groups:

  1. Click on Manage Account Groups.
  2. A pop-up appears with the below default account group names.

    1. Funding

    2. Fee earned

    3. Payment

    4. Adjustments

    5. Income earned

Refer to the screenshot:
Manage Account Group popup

 

Follow the steps below to add a new account group:

  1. Click on the Manage Account Group button button.
  2. Click Add button to add a new account group.

  3. Enter the value and click on theSavebutton.

  4. A new account group is displayed with a success message.

Refer to the screenshot:
Success - Added new group popup

 

Follow the steps below to delete a created Account group:

  1. Click on the Manage Account Group button button.
  2. Select the desired account group from the list.

  3. Click the Delete button to delete the group.

  4. The selected account group is deleted with a success message.

Refer to the screenshot:
Success - Group deleted

 

Follow the steps below to edit an existing account group.

  1. Click on the Manage Account Group button button.
  2. Double-click on the desired account group name which is active. 

  3. Edit the existing account group name and click the Save button.

  4. The edited value is displayed on the GL set-up page and the GL transactions page.

Export Data: ABL-GL Setup

Refer to the screenshot:
Export Data popup

ABL-GL Setup report

Refer to the screenshot:
Exported Data