• 13 years ago
T : 01482 210999 E : info@genesisIT.co.uk
Genesis Business Systems, Goulton Street, Hull.

In Opera 3, transactions can easily be posted from other applications such as Sales Ledger, Purchase Ledger, Cashbook and Payroll into any open period of the current or next 3 financial years. Other applications post to the Nominal Ledger by either batch update or real-time transfer. Even mis-posted nominal journal entries can be reversed and rectified quickly and accurately. Nominal Journals can be raised to the previous year as long as the period is open.

This makes the Nominal Ledger a far more powerful and flexible tool in which to analyse the companies financial data.

The starting point to open period accounting is to define the Period. If a Period is open, transactions from the Sales Ledger, Purchase Ledger, Nominal Ledger, Cashbook, Fixed Assets, Stock, BOM and Payroll applications within Opera 3 can be posted

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