Accounting Settings - Control Accounts



Several of the Mamut modules post journals automatically in the Nominal ledger of the accounts. The control accounts determine the accounts used for such entries.

From the Account group drop-down list you can select an account group and view which N/C's are used by automatic entry from a corresponding module. You can also click in the N/C column and override the account if necessary.

Description of account groups

The various account groups indicate the following modules that generate automatic entries:

Invoice shows N/Cs that are used for automatic entry from the Sales and Invoicing Module.

Purchases shows N/Cs that are used for automatic entry from the Purchase Order Module.

Customer & Supplier Ledger shows N/Cs that are used for automatic entry from the Customer and Supplier Ledger.

VAT shows N/Cs that are used for automatic entry from VAT settlement (Period End).

Profit/Loss shows N/Cs that are used for the Transfer of preliminary Opening balance.


Read more about:

Control Accounts

Accounting Settings

The Sales and Invoicing Module

The Purchase Order Module

The Customer and Supplier Ledger

Period End

Default Journal Type

Partially Close Accounts