Enter the Purchase Ledger settings
Use Ledger Settings to enter or change your Purchase Ledger settings.
The View Ledger Settings option allows you to see the settings entered for the Purchase Ledger. You cannot enter or change the settings here.
Some settings should not be changed once you have entered data into the Purchase Ledger.
Effects of changing the settings after entering data into the Purchase Ledger
- Changes will only apply to new data created from that point forwards.
- Changing foreign currency settings will have a considerable effect on postings to the Nominal Ledger.
To enter or view the Purchase Ledger settings
Open: Purchase Ledger > Utilities > Ledger Set Up > Ledger Settings.
Open: Purchase Ledger > Utilities > Ledger Set Up > View Ledger Settings.
Select the relevant options from each tab:
- Options.
- Supplier Defaults.
- Ageing.
- Processing.
- Payment Groups.
Note: You must also set up your Trading periods. These are set up, using a separate window from the other purchase ledger settings. However, they can be viewed in the same window on a separate tab.