GL Groupings

Profit and Loss (P&L) groupings and substructures are defined in the GL Groupings screen. The P&L Substructure column is pre-populated with 25 general entries that define operating expenses, as seen on the P&L statement of each location. Each P&L substructure must be linked to a P&L grouping. P&L groupings encompass a broader range of sales categories. (Ex. sales, cost of goods sold and expenses.) Finally, these GL groupings are attached to General Ledger categories. (See "General Ledger" for more information.) The information entered in these two columns allows the corporate user to organize the various entries on the Net-Chef Profit & Loss and Cost Analysis reports.

Click HERE to see a matrix that can aid application administrators in configuring the GL Accounts & GL Groupings.

 

1. Under the Corporate menu, click GL Groupings.
2. If necessary, Click the Plus (Add) icon to create a new grouping. Otherwise, double-click an existing row to edit it.

3. Enter/Edit the P&L Substructure name.
4. Select the appropriate P&L Grouping to be associated with the P&L Substructure.
5. The row will be highlighted yellow once any change has been made.  If editing an existing row, the Undo Edits (Circular Arrow) icon will reverse all entries without saving. For new rows, this will delete the row.
6. To save your changes, click on another row.
7. Repeat steps 2-6 for each entry.
8. When finished, click the Home (Dashboard) icon to exit the screen.