The Entities tab in Oval Accounting is where the Entities that have been added in Oval Administration can be managed. In order to do this, follow these steps:
- Navigate to the Entities Tab in Oval Accounting.
- You can create New Entities from here or select one that has already been created in Oval Administration.
- Click on one of the Entities.
Transactions and Accounting Journals that have already been created for this Entity will be displayed. You also have the option of creating new ones.
- Click on New Transaction.
- Select the Record Type.
- Click on Next.
- Enter the details for the transaction (for further information on this see the Transactions help).
- Click on Save.
The Transaction has now been created.
- Click on New Journal.
- Select the Record Type, either Standard or Multi-Entity.
- Click on Next.
- Enter the Accounting Journal details (for further information on this see the Accounting Journal help).
- Click on Save.
The Accounting Journal has now been setup.
End of Article.