Page 7 - Participant Guide ebook - Unanet GovCon Using General Ledger

LESSON 1: GENERAL LEDGER (GL)

Learning Objectives

• Analyze the General Ledger process performed in Unanet
• Identify the roles, in Unanet, required to perform General Ledger processes
• Review administrative General Ledger functions including configuration of fiscal
years and accounts
• Determine which General Ledger reports and statements to use to ensure
accurate transaction processing – GL Summary (Trial Balance)

Introduction

The General Ledger represents the record-keeping system for a company’s financial
data. It provides a record of each financial transaction that takes place and holds
account information that is needed to prepare financial statements and reports.
Transaction data is segregated, by type, into accounts for assets, liabilities, equity,
revenues, and expenses.

Unanet Roles for General Ledger Processes

It is helpful to be familiar with Unanet’s roles and the access that comes with each
unique role. Users may find the need to be assigned a combination of roles in order to
perform various job functions.

LESSON 1: GENERAL LEDGER (GL)
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