General Ledger - New Company Setup - Preliminary Steps

This article provides a list of the preliminary steps required before creating a new company, which would be created via the Maintain Companies screen (standard Treeview path: General Ledger > Setup > Maintain Companies). These steps must be followed in the order given, as certain processes require information from previous steps:

NOTE: For further details on each step, please see the New Company Setup.

1. Define Business Units
2. Define Chart Code
3. Define Period Dates
4. Define Company Consolidation Codes (Optional)
5. Enter Account Structure for GL Accounts
6. Enter Chart of Accounts
7. Create New Company
8. Assign Company Access (Security)
9. Set User Defaults for GL Module
10. Define Departments
11. Enter Accounts by Department (Optional)
12. Enter Journal Code & Names
13. Enter Region Codes
14. Set Up Transaction Allocation Codes (Optional)
15. Set Up Required Weight Measures & Conversions
16. Enter Currency Codes & Conversions
17. Enter Text Types and Text Codes (Optional)