Implementation and Start Up

The General Ledger system is a self-supporting system contained in program libraries, usually named GL and UT. The standard entry point to the system is a procedure called SETUP in GL. The corporate database consists of a corporate library, e.g. CO01, and two working libraries, e.g. CO01GL and CO01UT.

The system comes with a model database. This can be adjusted or cloned to become the production database. Once the system is installed, the user takes the following steps to prepare for operation:

1. The System Manager sets up the System parameters.
2. The System Manager sets up the periods for the first fiscal year of operation.
3. Optionally, use the Code Table Update to define the values of elements of the Account Number.
4. Use Account Maintenance to set up the Chart of Accounts.
5. The Chart of Accounts List is used to verify account descriptions.
6. Use Update Financial Statement Formats to create the ad hoc Financial Statements.
7. List the Formats for the Financial Statement formats.
8. Optionally, use the Budget Update to create your first budget.

The General Ledger is now ready to enter transactions.