Accounting

The Accounting can be accessed from anywhere within the Mifos system. 
Tip: When beginning to use Mifos X please refer to the Initial System Setup and General Navigation sections of this manual for guidance.
To access the Accounting menu and the options within, click on the Accounting button on the top of the screen: the image below will then be displayed
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To access the Accounting menu and the options within, click on the Accounting button on the top of the screen: the image below will then be displayed
Setting up of Accounting 
To Enable Accounting Module, you need to follow the mandatory step by step instructions below before you do any transaction:- 
Step 1) Create chart of accounts - Chart of Accounts - General Ledger Setup. ​
Step 2) Map opening balance contra account in - Accounts linked to Financial Activities​
Step 3) Pass opening balance entries - Migrate opening balances (Office-wise)​
Step 4) Map your products with respective accounts - 
Go to >> Loan Products - Accounting 
Go to >> Savings Products - Accounting 
Go to >> Fixed Deposit Products - Accounting 
Go to >> Recurring Deposit - Accounting 
Other Accounting features
To define accounting rule - Accounting Rules​
To define advanced accounting rule - Advanced Accounting Rules​
To define accruals - Accruals​
For operational usage 
To manually pass journal entry - Add Journal Entries​
To search accounting transactions - Searching Accounting Transactions​
To use predefined accounting rule - Frequent Postings​
To close journal entries - Closing Entries​

Manage Centers

Chart of Accounts - General Ledger Setup

Last modified 3yr ago