|Multi level Ledgers
|Some of the accounting softwares have 3 levels of
ledgers, it means the grouping of the ledgers are done in 3
levels, like master groups, groups and sub groups.
There are also accounting softwares which have 4 or 5 levels
for ledgers grouping.
We are pleased to inform you that AFG ERP 2019 has unlimited
levels for ledgers grouping. that's why we call it multi
level ledgers. in this software you can group ledgers like a
tree, in this tree branches are the groups and leaves are
for example you can have a master group named
Current Liability and this
master group could have some groups like
Duties & Taxes,
Projects in hand,
Sundry Creditors and etc. then
each group could have some sub groups ... and you can
unlimitedly continue to divide each group to some sub groups
and again each sub group to more sub sub groups.
and all the reports will follow these grouping, for example
in Trial balance you can see the balance of each master
group, each group, each sub group and each ledgers.