The information provided by the accounting department is very valuable for businesses to plan their activities and determine their current situation. With this information, current situations can be determined and future investments can also be made. Accounting is not only a system where responsibilities towards the state are fulfilled. With a healthy accounting system, reports can be produced that will guide many decisions regarding cost, marketing, sales and distribution.

Accounting data is extremely important in calculating the tax burden for the state. Businesses calculate how much tax they will pay to the government through accounting procedures. Every business pays taxes to the state according to its activities in a financial period and how much profit/loss it makes from these activities. According to the results, the taxes to be given to the state are calculated and reported through accounting, and the tax debt is fulfilled.

In the transactions carried out in Workcube; When selecting the transaction category, all monetary transactions set to "Perform accounting transactions" are automatically recorded in accounting transactions. Accounting transactions work simultaneously with 3 currencies, as in all FA transactions.

Accounting transactions can be created automatically from the related modules mentioned below, or they can be recorded manually within authorization. For example, when an invoice record is created, a Clearance voucher will be automatically created in the accounting module depending on the transaction category used in the Invoice, or as a result of a Cash Collection transaction to be made to a cash register, an automatic Collection voucher will be created in the Accounting module.

Before Use
Before performing accounting transactions in Workcube, you must make the following definitions.

Transaction Types and Authorizations
Chart of Accounts definitions (optional in accordance with IFRS)
Accounting Receipt Number definitions
Currency Units
VAT Rates
Withholding Rates
Special Tax Rates
Withholding Tax Rates
Other FA Settings

Module Functions

Accounting Transactions
Offset Voucher
Collection Voucher
Disbursement Voucher
Virman Voucher
Accounting Voucher import
Opening Voucher
Closing Voucher
Income Account Closings
Account Transfer
Merge Voucher
Creating Mirroring Accounts

Related in Other Modules Functions

Cash / Cash Transactions (For those collected and paid to the cash register)
Bank / Bank Transactions (For those collected and paid to the bank account)
Check-Note/Check Transactions
Check Note / Promissory Note Transactions
Current Account / Current Account Transactions (Accounting Transactions) selected)
Invoice / Purchase Invoices - Sales Invoices
Stock / Stock Transactions (Accounting Transaction selected)
Expense Management / Expense and Income Vouchers (Accounting Transaction selected)
Guarantees / Received - Given
Fixed Asset / Purchase - Sales - Depreciation and Valuation
Credit / Credit – Financial Lease Transactions
HR / Payroll
BI / Standard Reports / Chart of Accounts Report
BI / Standard Reports / Journal Report
BI / Standard Reports / Trial Balance Report
BI / Standard Reports / Current and Accounting Codes Report
BI / Standard Reports / Product Accounting Codes Report

Tip
As mentioned above, you can create uniform charts of accounts in Workcube in compliance with IFRS (International Financial Reporting System). This feature allows you to use uniform and IFRS codes simultaneously. What you need to do is to define the Accounting codes together in their IFRS code equivalents.

Attention
Make sure that the default option is selected in the relevant Accounting transaction category detail (e.g. Offsetting Voucher) so that an automatic record can be created in Accounting from all related modules.

Automatically in Accounting from all related modules. Do not forget to define the Accounting Voucher numbers in order to create a record.

In order for an automatic transaction record to be created in Accounting as a result of transactions carried out in connection with the product, product accounting code definitions must be made completely.

In order for an automatic transaction record to be created in Accounting as a result of transactions carried out in connection with the Member/Customer/Supplier, member accounting code definitions must be made completely.

As a result of cash, Bank, Check/Note transactions, automatic transaction records must be made in Accounting. Accounting code definitions must be complete in order to create a transaction record.

Do not forget to define the VAT rate, SCT Rate, Withholding Tax and Withholding Rates completely in order to create an automatic record in Accounting as a result of taxable transactions.

Recommendation
The Chart of Accounts you will create before using Workcube Accounting transactions is as it is currently used. It is recommended to review the transfer and identify any dirty data created in the past by cleaning it and revising it if necessary.

Do not forget to enter the IFRS code equivalents next to your Accounting Account codes in order to make reporting in accordance with IFRS.

Tips

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