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| Globally Accessible Accounting and Inventory Control Application with you online store and e-payment interface. Internet or Web based Accounting and Inventory Control Application including a online store for your business with a shopping cart and credit card interface. Runs in an internet browser from any computer. | | Learn More | |
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HiTech Newspaper Management System
Customized for Newspaper & Magazine Publishers
Complete with Advertisement, Circulation, Payroll & Accounts modules
Setting Up default Account Heads Setting Up Default Account Heads: Default Account Heads, Accounts Module
npdach.bmp
These default account heads are used internally by the program. When the sales invoices are posted the default sales account is used if no other account head is specified in the invoice. Similarly default purchase account is used for posting purchase transactions. Cash and cheque transactions made in sales / purchase are posted in default cash and sales account. Similarly if Value Added Tax (VAT) and Central Sales tax is posted separately then the defined default account heads are used. The Default Stock Account Head should be defined as "CLOSING STOCK" (Account type Income) and the corresponding "OPENING STOCK" (Account Type Expenditure) account head must also exist.
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