Use Medlin General Ledger software to keep your business records.
Keeping accurate financial records is important for any business. Bookkeeping is usually a tedious, time-consuming task, prone to human error. Using an accounting software application can reduce these errors significantly. There are many accounting software programs on the market, in a wide range of prices. Medlin General Ledger is an inexpensive, user-friendly application that is Windows-compatible. It can be used for one or more clients or businesses.
Instructions
1. Use Medlin's standard chart of accounts. Accounts can be added or deleted. If you already have a chart of accounts, you can incorporate it into Medlin's chart. A list of account codes is provided in the "Help" section.
2. Enter your transactions. Enter information that you would write on a check, including the account, check number, date, account number and amount.
3. Print the type of report you want to view and analyze. Choose from a transaction listing, general ledger, income statement, balance sheet, chart of account trial balance or account summary. Reports can be printed, viewed on your screen or sent to an email account.
4. Reconcile your bank statement. To do this, add all deposits and subtract outstanding checks and deposits. On the left side of the screen, enter your beginning balance from your bank statement. On the right side of the screen will be a list of all checks and deposits.
5. Configure a report. Enter your company name, income and balance sheet headings and footers, and a bank account number into the report template. Additional configurations are offered at the bottom of the screen. For example, you can omit percentages from an income statement or use a fixed decimal position.
Tags: General Ledger, Medlin General, Medlin General Ledger, account number, accounting software