Aratum Ledger User Guide
How to add Journal Entry in Aratum Ledger?
A journal entry in a ledger is the fundamental process of recording all the financial transactions of a business. Each entry typically consists of a date, a brief description of the transaction, the accounts affected, and the amounts debited and ...
How to manage Chart of Accounts in Aratum Ledger?
The Chart of Accounts (CoA) in a ledger is a structured list of all the accounts used by an organization to categorize and record financial transactions systematically. It serves as the backbone of a company's financial recording system, organizing ...
How to add banks in Aratum Ledger?
Banks in a ledger are individual account records that capture all financial transactions related to a specific aspect of a business's operations, assets, liabilities, equity, revenues, or expenses. These accounts form the core of a company's ...
How to generate reports in Aratum Ledger?
Reports in a ledger are comprehensive documents that compile financial data and analyses to summarize the business's financial performance and position. These reports, generated from the meticulous records maintained in the ledger, serve as critical ...
How to manage contacts in Aratum Ledger?
Contacts in a ledger refer to the comprehensive listing of individuals and entities with whom a business has a financial relationship. This includes customers, suppliers, creditors, and debtors, among others. Recording contact details—such as names, ...
How to add product in Aratum Ledger?
Products in a ledger represent a crucial aspect of inventory management and financial accounting within a business. This entry details each product a business holds, including descriptions, quantities, purchase prices, and selling prices. By ...
How to create Invoice in Aratum Ledger?
Invoices in a ledger are fundamental to managing a business's financial transactions, acting as formal requests for payment for goods or services rendered. These entries detail the transaction's specifics, including the invoice date, customer ...
How to create new Quote in Aratum Ledger?
Quotes in a ledger represent preliminary financial estimates provided to potential clients or customers, detailing the cost of goods or services before a formal agreement is made. Unlike invoices or bills, which document actual transactions, quotes ...
How to add New Expense Bill and New Bill in Aratum Ledger?
New Expense Bill: A new expense bill usually refers to the recording of expenses that have already been incurred but not necessarily invoiced in the traditional sense. These could include operational costs, like office supplies, travel expenses, or ...
How to manage purchase orders in Aratum Ledger?
A Purchase Order (PO) in a ledger is a formal document issued by a buyer committing to pay the seller for the supply of specific goods or services at agreed prices and terms. In the ledger, the entry of a PO marks the initial recognition of a pending ...