3.04 Creating general ledger accounts

Modified on Thu, 26 Dec, 2024 at 9:02 AM

Vera provides a very easy experience to create general ledger accounts. Please keep in mind that Vera is master for this functionality, you do not have to create any general ledger accounts in Octopus. We recommend to make sure that you have correctly made up your standard general ledger accounts in your teamsettings so that you can easily copy the settings to a HOA. Please follow the next steps to create your general ledger accounts for a HOA. 

  1. Go to buildings
  2. Open a building
  3. Click on the button « HOA Management »
  4. On the settings page, navigate to the card « General ledger accounts »Inside this card you have the following options. 
  • Copy from teamsettings : if you choose this option, Vera will automatically copy the general ledger accounts from inside the teamsettings to the HOA.
  • Add new by clicking on the plus : by choosing this option a new sidebar will appear where you can input the following information: number of the GLA, description of the GLA and division key linked to the GLA (optional).
  • Link division key 


A crucial GLA to have is the 599999 CODA Wait account. Please make sure this account is in your overview of GLA's. This should be in it if you import the standard general ledger accounts from the teamsettings, but will not be if you make your own import. Please be mindful of this as this account is needed for settlements.

 


Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article