Create a GL Account

General ledger accounts, or GL accounts, are used throughout Nimble AMS on records that have financial impact. For example, when you create a product, you use a GL account to specify where the revenue from sales of the product is recorded. Each GL account is tied to an entity.

1. In the tab bar, click  App Launcher, or in Salesforce Classic, click  Nimble AMS, Staff View, Button, All Tabs.

2. Click GL Accounts.

3. Click New.

4. In GL Account, enter the GL number.

5. In Entity, enter the name of the entity that owns this GL account, click  Nimble AMS, Staff View, Button, Lookup, and select the entity.

6. Optionally, in Currency, select the right currency value.

   Note

   If you have enabled Salesforce multi-currency, Salesforce introduces the Currency field on all object layouts within your org.

   While creating a New GL Account make sure to select the Currency field value that matches the Currency field value on the linked Entity record. If the Currency field value of Entity and GL Account does not match, then it throws an error.

   Also, once the record is saved, you will not be allowed to edit the value of the Currency field.

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7. In Name, enter the name of the GL account.

    A good GL account Name clearly describes the purpose of the GL account. For example: Membership Dues - Regular.

   
   

8. Status  is populated.

9. Click Save.