Process Overview : Accounting
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To understand and appropriately assign User Security Access associated with the setup of the Accounting function
To correctly setup the accounting function within the ICE Business System prior to the initial activation of the database.
To understand and appropriately apply the preferred methodology when processing transactions relating to the accounting function
To understand and correctly interpret the available reports within the Accounting function of the ICE Business System.
Click on a Overview icon (eg. ) to open the Overviews and Coaching .
Advanced User Information
ICE V2.30 Update
General Ledger Accrual Journals
Accrual entry functionality is available for:
General Ledger Recurring Transactions
Recurring entry functionality is available for:
General Ledger Transaction Reversals
GL Reversal functionality is available for:
Only updated transactions can be reversed.
When the reversal process is performed the newly created record will have:
Date – same as source
(Date can be brought forward)
Type – same as source
Reference – same as source with suffix of REV added
Comment – system generated comment will be “Reversal of ”
Line Values (Amount) – will have opposite values to the original of the original transaction
Tax % – same as source
GST – will have opposite values to the original of the original transaction
BAS Codes – same as source
ICE has automatically put the reverse transaction through to the Bank Reconciliation program.
Next step is to process these adjustments at the Bank Reconciliation level
ICE V2.25 Update
General Ledger Drill Down
GL Enquiry and GL Master forms:
These forms now offer a drill down facility by double clicking the transactions.
If the user has the required rights, the appropriate form will open (contained within the current form), to show the entry or entries responsible for the transaction.
Page Filename : ac_accounting.htm