Ledger Entry Types

Ledger Entry Types

Info
Question:
What is the purpose of the ledger entry types in IQ?
Idea
Answer:
The ledger entry types are used to identify the module or source in IQ from which the transaction originated. 
Below is a list of transaction entry types in the general ledger. 

    • Related Articles

    • Is it possible to reallocate an account in IQ/ERP Go without posting a ledger journal?

      Question: Is it possible to reallocate an account in IQ/ERP Go without posting a ledger journal? We have noted that there are ledger transaction entries that were posted to the VAT Output account but should have gone to the VAT Input account. Answer: ...

    • Ledger | Account Maintenance | Set default TAX rate

      Question: Is it possible to change the default TAX rate on IQ to normal TAX. The problem is each time I try to post a Cashbook entry the system sets the TAX rate to 0. Answer: Yes it is possible. Steps: Navigate to Ledger --> Account Maintenance. ...

    • Processing | Invoicing | Pricing types

      Question: What does the Type column indicate on the Processing --> Invoicing screen? Answer: The type field displays different types of pricing that is used once the stock item is entered. In other words that type field will display P0, P1, P2 etc. ...

    • Ledger | Reports | Advance Ledger Audit Tracking

      Question: Is it possible to generate a detailed general ledger report in the system? Answer: Yes Steps: Click on Ledger Reports Advance Ledger Audit Tracking The form below will appear, it looks similar to the Ledger > Reports -> Audit Tracking ...

    • Ledger | Batch Journals | Delete of record

      Question: How do I delete a record from a batch in the Ledger Batch Journals module? Answer: Yes, it is possible. Steps: Click on the record you want to delete and press on the keyboard CTRL + DEL simultaneously. This system will pop up with a ...