The ledger

The SACCO Suite writes a journal entry in the Accounting app for every deposit, withdrawal, interest, fee, share purchase, loan disbursement and repayment, at the moment it is confirmed. Nobody re-types anything.

The SACCO journal entries: one entry per transaction, already posted

In this chapter

Journals and accounts — The one-time accounting setup.
What posts, and how — The journal entry behind each transaction.

Who sees what

Role	Can
SACCO GL Accountant	See the journal entries under Accounting › Journal Entries.
SACCO GL Manager	Also change Accounting › Configuration › SACCO Account Settings.

Note

Balance sheet, income statement, trial balance, bank reconciliation and tax reports are those of the Accounting app; the SACCO entries are ordinary journal entries in it.