Creating your Company
When you first sign up for NCL Accounting, your company will be created based on the information that you have provided us during the sign up process. However, you can always update your company details in the Company Profiles later on.
In order to do so, click on the Setting menu > Company Profiles.
Enter all the required information marked with a *. To upload you company's logo, simply click on the icon and select the file that you wish to upload. Once you are done, hit the Save button to commit the changes made.
If you just started using the system, we encourage you to enter all opening balances into the system. Like most accounting, it is always the easiest to register the balances as at the beginning of a financial year.
There are five types of Opening Balances available for you in the NCL Accounting:
|Opening Balance||This module allows you to enter the opening balance of your account when you first use the system. Note that, you will only have to capture it once. The value for the subsequent year will be automatically brought forward.|
|Item Opening Balance||Import opening balances for your tracked inventory items. This helps you keep track of the quantity and value of the items you hold. Entering Item Opening Balance is optional.|
|Historical Invoices||You can add your historical sales transaction that have not been paid yet in to the system from this module. When entering these transactions, make sure you enter a date that is earlier than when you started using NCL Accounting. Transactions before this date are treated as historical and won't affect your account balances.|
|Historical Supplier Invoices||Just like historical invoices, you can also add your historical purchase transaction that have not been paid yet in to the system from this module. Please make sure you enter a date that is earlier than when you started using NCL Accounting. Transactions before this date are treated as historical and won't affect your account balances.|
|Historical Unpresented Cheques||Add your historical unpresented cheques into the system.|
If you have more than one company, you can switch to a different company by clicking on your existing company's name located at the top-right corner of your screen.
From here, you can select the company that you wish to open by double clicking on the company's name.
Note that the last used company will be opened the next time you log in to NCL Accounting.