FrontAccounting/C2/Banking-and-General-Ledger/English-timed - Revision history

Sandhya.np14 at 15:33, 15 June 2018

2018-06-15T15:33:32Z

Sandhya.np14 at 09:23, 15 June 2018

2018-06-15T09:23:38Z

Sandhya.np14 at 07:40, 15 June 2018

2018-06-15T07:40:37Z

Sandhya.np14 at 13:07, 14 June 2018

2018-06-14T13:07:32Z

Jyotisolanki at 07:11, 21 May 2018

2018-05-21T07:11:38Z

Ranjana at 07:03, 14 February 2018

2018-02-14T07:03:36Z

Ranjana: Created page with "{| border=1 || '''Time''' || '''Narration''' |- | 00:01 | Welcome to this tutorial on,'''Banking and General Ledger in Front Accounting''' |- | 00:07 | In this tutorial,we w..."

2018-02-14T07:02:56Z

Created page with "{| border=1 || '''Time''' || '''Narration''' |- | 00:01 | Welcome to this tutorial on,'''Banking and General Ledger in Front Accounting''' |- | 00:07 | In this tutorial,we w..."

New page

{| border=1
|| '''Time'''
|| '''Narration'''

|-
| 00:01
| Welcome to this tutorial on,'''Banking and General Ledger in Front Accounting'''

|-
| 00:07
| In this tutorial,we will learn to create

|-
| 00:10
|General Ledger Classes
General Ledger Groups
General Ledger Accounts

|-
| 00:16
| Also, we will learn to :

|-
| 00:17
| Pass a '''Journal Entry'''
See the reflection in '''Balance sheet '''and
How to '''void a transaction'''

|-
| 00:25
| To record this tutorial, I am using

|-
| 00:28
| '''Ubuntu Linux''' OS version 14.04

|-
| 00:32
| '''FrontAccounting ''' version 2.3.24

|-
| 00:36
| To practise this tutorial, you must be familiar with:

|-
| 00:39
| Principles of Book-keeping

|-
| 00:42
| Set-up of an '''Organisation/Company''' in '''FrontAccounting'''

|-
| 00:46
| If not, for relevant '''FrontAccounting''' tutorials please visit our website.

|-
| 00:52
| Let us start by opening the '''FrontAccounting interface.'''

|-
| 00:56
| Click on the browser, type '''localhost/account''' and press '''Enter.'''

|-
| 01:04
| The '''login''' page appears.

|-
| 01:06
| Recall that during installation, we had created '''admin''' user.

|-
| 01:11
| So, here type the username as '''admin''' and the password.

|-
| 01:16
| Then click on '''Login''' button.

|-
| 01:19
| The '''FrontAccounting''' window opens.

|-
| 01:22
| Click on '''Banking and General Ledger''' tab.

|-
| 01:25
| We can see various options under this tab, such as:

|-
| 01:29
| '''Payments'''

|
| 01:31
| '''Deposits'''

|-
| 01:33
| '''Journal Entry''' etc.

|-
| 01:36
| Before we start with any transaction, we need to set the '''Charts of Accounts.'''

|-
| 01:41
| The '''Charts of Accounts''' within FrontAccounting is defined by '''Type, Class, Group''' and '''Account'''.

|-
| 01:49
| All '''transactions''' are charged to an '''Account''',''' Group''','''Classes'''

|-
| 01:54
| These are used to group '''transactions''' for '''reporting purposes'''.

|-
| 01:59
| Switch back to '''FrontAccounting''' interface.

|-
| 02:02
| We can see the options under '''Maintenance''' bar as:

|-
| 02:05
| '''GL Accounts'''
'''GL Account Groups'''
'''GL Account Classes'''
in this '''tab'''.

|-
| 02:12
| We need to set these options.

|-
| 02:15
| In '''FrontAccounting''',

|-
| 02:16
| '''Account''' belongs to a '''Group''' and

|-
| 02:18
| '''Group''' belongs to '''Class'''

|-
| 02:21
| It depends upon how to present the '''Balance''' '''Sheet''' and '''Profit and Loss A/c''' statements

|-
| 02:21
| Here, '''GL Accounts Classes''' are the initial stage that need to be set first.

|-
| 02:34
| Let us see the '''GL Accounts Classes.'''

|-
| 02:37
| Here, by default the '''Class Type''' and '''Class Name''' have been defined as:

|-
| 02:41
| '''Assets'''
'''Liabilities'''
'''Income'''
'''Expense'''

|-
| 02:46
| Also, you can see the '''Class ID is set''' for each '''Class Type.'''

|-
| 02:51
| You will need to set this '''class''' before setting the '''Account Groups.'''

|-
| 02:55
| I will '''demonstrate''' how to do this.

|-
| 02:58
| Here, you need to add a new '''Class ID''' that is not already there.

|-
| 03:03
| So, I will type '''5''' as the new '''Class ID.'''

|-
| 03:08
| In the '''Class Name''' field, type a new '''Class Name.'''

|-
| 03:11
| I will type the name as '''Equity'''.

|-
| 03:15
| Click on the '''Class Type''' drop down box.

|-
| 03:18
| You can see the default list:

|-
| 03:20
| '''Assets'''
'''Liabilities'''
'''Equity'''
'''Income'''
'''Cost of Goods Sold'''
'''Expense'''
https://internet.iitb.ac.in/logout.php

|-
| 03:27
| '''FrontAccounting''' follows this '''Class''' '''Type''' to present in the '''Balance''' '''Sheet'''.

|-
| 03:32
| Select the '''Class Type''' as '''Equity'''.

|-
| 03:35
| Click on '''Add new''' button.

|-
| 03:38
| We can see a message appears and it says-

|-
| 03:41
| '''New account class has been added'''

|-
| 03:44
| Here, you can see the new '''Class Equity''' has been added to the third row.

|-
| 03:51
| This is because, in the default '''Class Type,''' '''Equity''' is on the third hierarchy level.

|-
| 03:57
| So, whenever you add a new '''Class''', it takes the default place of the '''Class''' '''Type'''.

|-
| 04:03
| Now, let us see how to add '''GL Groups.'''

|-
| 04:06
| Go to the '''Banking and General Ledger''' tab..

|-
| 04:10
| Click on the '''GL Account Groups'''.

|-
| 04:13
| We can see the default '''Group Name,''' which shows '''GL Account Groups''' under the '''Class'''.

|-
| 04:19
| You can also see the '''Group ID''', set according to the '''Class'''.

|-
| 04:25
| A unique '''Class''' '''ID''' has to be added to each '''Group''' '''Name'''.

|-
| 04:29
| In the '''Group ID '''field''', I will type the new ''' Group ID ''' as ''' 12.'''

|-
| 04:34
| In the '''Name''' field,''' I will type '''Fixed Assets''' as the ''' Group Name.'''

|-
| 04:39
| Here, I will keep this field as '''None.'''

|-
| 04:42
|This is because, the Group Name “Fixed Assets” does not belong to any '''subgroup''' that is already available.

|-
| 04:50
| Click on the '''Class''' drop down box.

|-
| 04:52
| According to the '''Charts of Accounts, Fixed Assets''' comes under the '''class''' of '''Assets.'''

|-
| 04:59
| Here, I will select '''Assets''' as the '''Class.'''

|-
| 05:03
| To save these changes, click on '''Add new ''' button.

|-
| 05:08
| We can see an error message that says -

“This account Group ID is already in use”.

|-
| 05:15
| This means that the '''Account Group ID 12''' is repeated.

|-
| 05:20
| Now, let us enter another number which is unique.

|-
| 05:24
| Let me type the '''Group ID''' as '''13.'''

|-
| 05:28
| Click on '''Add new''' button.

|-
| 05:31
| This time we can see a message that says -

|-
| 05:34
| “New account type has been added.”

|-
| 05:37
| The new '''Group Name''' is added '''randomly''' within the '''class “Assets”.'''

|-
| 05:42
| Likewise, you can add your own '''Group Name'''.

|-
| 05:46
| Now, let us see how to add '''GL Accounts.'''

|-
| 05:50
| Click on the '''Banking and General Ledger''' tab.

|-
| 05:53
| Let us click on '''GL Accounts.'''

|-
| 05:56
| Here also, you need to type a unique '''code'''.

|-
| 06:00
| In the '''Account Code''' field, I will type '''1100''' as the code.

|-
| 06:07
| Click on the '''Account Name''' field.

|-
| 06:09
| I will type the '''Account Name''' as “Land and Building”.

|-
| 06:13
| You can give any name of your choice.

|-
| 06:16
| In the '''Account Group''' drop down box, I will select the '''Account Group''' as '''Fixed Assets.'''

|-
| 06:23
| The '''Account''' '''Name''', '''Land & Building''' has to come under the '''Group Fixed Assets''' as per the '''Charts of Accounts.'''

|-
| 06:30
| So here, click on the '''Account status''' drop down menu.

|-
| 06:34
| Select the '''status''' as '''Active.'''

|-
| 06:37
| Then click on '''Add Account''' button.

|-
| 06:41
| We can see the message -
'''‘New account has been added’.'''

|-
| 06:45
| Now, click on the '''New account''' dropdown box.

|-
| 06:49
| You can see the newly added '''Account''' here.

|-
| 06:52
| Each organisation will have their own set of '''account codes''', as shown here.

|-
| 06:57
| Likewise, by following the steps demonstrated above, you can create your own '''GL Account'''.

|-
| 07:03
| Pause the tutorial here.

|-
| 07:05
| And do this assignment.

|-
| 07:08
| Create a '''GL Account Group''' and '''GL Accounts''' as shown here.

|-
| 07:14
| Save the changes

|-
| 07:16
| Now, we have set up the '''Charts of Accounts''' for our own '''Company'''.

|-
| 07:21
| Next, let us pass a '''Journal Entry'''.

|-
| 07:24
| '''Commenced business with a capital of Rs. 50,000'''

|-
| 07:29
| The '''Entry''' is
'''Cash A/c Dr. 50,000'''
'''To Capital A/c 50,000'''
(being '''Capital introduced in the business''')

|-
| 07:40
| Click on the '''Banking and General Ledger''' tab.

|-
| 07:43
| And then click on '''Journal Entry'''.

|-
| 07:46
| Next, click on the '''Calendar icon''' of '''Date field'''.

|-
| 07:50
| You can see the default '''date''' is set as '''today.'''

|-
| 07:53
| We can see the '''reference number''' for the '''transaction''' here.

|-
| 07:57
| Click on the '''Account Description''' drop down box.

|-
| 08:01
| Here, I will select the option '''Cash'''.

|-
| 08:05
| Then, click on the '''Debit''' text box and type the '''amount''' as '''50,000.'''

|-
| 08:11
| To save the '''Debit''' entry, click on '''Add Item''' button.

|-
| 08:16
| Again, click on the '''Account Description''' drop down box.

|-
| 08:21
| This time, I will select the option '''Capital'''.

|-
| 08:25
| Then, click on the '''Credit''' textbox and type the '''amount''' as '''50,000.'''

|-
| 08:31
| To '''save''' the '''Credit entry,''' click on the '''Add item button.'''

|-
| 08:35
| Now, click on the '''Memo''' field, for the narration of this '''Journal Entry'''.

|-
| 08:40
| Here, type the text -''' Being capital introduced in the business.'''

|-
| 08:45
| Then click on the '''Process Journal Entry''' button to save the entry.

|-
| 08:50
| You can see the message at the top, that appears in green -
'''“Journal Entry”''' has been entered

|-
| 08:57
| You can also see the '''options''':

|-
| 08:59
| '''View this Journal Entry'''
'''Enter New Journal Entry'''
'''Add an Attachment and'''
'''Back'''

|-
| 09:06
| Let us explore '''View this Journal Entry''' option by clicking on it.

|-
| 09:11
| Immediately, a new popup window opens showing the current '''General Ledger Transaction details'''.

|-
| 09:18
| We can also see an option here - '''Print ''' and ''' Close.'''

|-
| 09:23
| By choosing this option, we get a print-out of this '''transaction''' for our future reference.

|-
| 09:30
| This '''option''' here, at the bottom right is to close this window.

|-
| 09:34
| I will choose this and close this '''window'''.

|-
| 09:38
| Now, click on the '''Enter New Journal Entry''' option.

|-
| 09:42
| We can see a new page opens immediately for the next new '''transaction'''.

|-
| 09:48
| Click on the '''Back''' option to go back.

|-
| 09:51
| Now, click on the '''Add an Attachment''' option.

|-
| 09:55
| We can see the '''fields:'''
'''Transaction'''
'''Description ''' and
'''Attached file'''

|-
| 10:01
| '''Attached file''' option is used to attach any documents related to the '''Journal entry''' which is passed.

|-
| 10:08
| Let me attach a sample voucher which I have already created and stored on my computer.

|-
| 10:14
| For your convenience, this file has been provided in the '''Code file''' link below this video.

|-
| 10:20
| Pls click on the link and save the file on your computer.

|-
| 10:24
| Click on the '''Browse''' button and locate the folder in which the document is stored.

|-
| 10:29
| I'll select the '''Sample-Voucher.odt file''' from my '''Desktop''' folder.

|-
| 10:36
| You can see the file attachment here now.

|-
| 10:40
| Then click on the '''Add new''' button.

|-
| 10:43
| A message appears that says:
'''Attachment has been inserted.'''

|-
| 10:48
| Also, you can see that the uploaded file has been added to the table.

|-
| 10:53
| Now, let us see the reflection of this '''Journal Entry''' in the '''Balance Sheet'''.

|-
| 10:58
| To do so, click on the '''Banking and General Ledger''' tab.

|-
| 11:02
| Then click on the '''Balance Sheet Drilldown''' option.

|-
| 11:06
| We can see the '''transaction''' is reflected here.

|-
| 11:09
| '''Current Assets''' shows '''balance''' of '''50,000 (fifty thousand).'''

|-
| 11:12
| The '''transaction''' is also reflected in '''Liabilities''' by showing the balance of '''50000 (fifty thousand).'''

|-
| 11:18
| Since we made only one '''Journal Entry'''.

|-
| 11:21
| we see only one entry in the displayed list.

|-
| 11:24
| In the future, when we have many more '''journal''' '''entries''', the displayed list would be longer.

|-
| 11:30
| Let us now see how to '''Void a transaction'''.

|-
| 11:34
| Click on the '''Setup''' tab.

|-
| 11:36
| And then on the option '''Void a transaction''' under the '''Maintenance''' bar.

|-
| 11:41
| This '''option''' is used to delete/remove an '''entry'''.

|-
| 11:45
| We can see the reference number, which shows the entry.

|-
| 11:49
| Click on the '''Select''' icon.

|-
| 11:52
| On selecting the icon, the transaction number and '''voiding''' date appears.

|-
| 11:57
| Click on the '''Void Transaction''' button.

|-
| 12:00
| A message appears that says-
'''Are you sure you want to void this transaction? This action cannot be undone.'''

|-
| 12:07
| I’ll click on the '''Proceed''' button.

|-
| 12:10
| Immediately another message appears and says-
'''Selected transaction has been voided.'''

|-
| 12:16
| That’s how we '''void a transaction,''' whenever required.

|-
| 12:20
| Let us summarize.

|-
| 12:22
| In this tutorial, we have learnt to create

|-
| 12:25
| '''General Ledger Classes'''
'''General Ledger Groups'''
'''General Ledger Accounts'''

|-
| 12:31
| Also, we have learnt to :
Pass a '''Journal Entry'''
See the reflection in '''Balance sheet''' and
How to '''void a transaction'''

|-
| 12:40
| As an '''Assignment'''

|-
| 12:41
| Pass a '''Journal Entry'''

|-
| 12:43
| '''Goods Purchased for Rs 50,000'''<br/>

|-
| 12:46
| See the reflection in the '''Balance Sheet'''

|-
| 12:49
| This video summarizes the Spoken Tutorial project.

|-
| 12:52
| Please download and watch it.

|-
| 12:55
| We conduct workshops using Spoken Tutorials and give Certificates.

|-
| 12:59
| For more information, please contact us.

|-
| 13:03
| The Spoken Tutorial Project is funded by NMEICT, MHRD Government of India.

|-
| 13:10
| This tutorial has been contributed by Sheetal Prabhu from IIT Bombay.
Thank you for joining.

|}

@@ Line 617: / Line 617: @@
 |-
 | 11:06
-| We can see the '''transaction''' is reflected here.
+| We can see the transaction is reflected here.
 |-
@@ Line 629: / Line 629: @@
 |-
 | 11:18
-| Since we made only one '''Journal Entry'''.
+| Since we made only one '''Journal Entry''',
 |-
@@ Line 637: / Line 637: @@
 |-
 | 11:24
-| In the future, when we have many more '''journal''' '''entries''', the displayed list would be longer.
+| In the future, when we have many more journal entries, the displayed list would be longer.
 |-
 | 11:30
-| Let us now see how to '''Void a transaction'''.
+| Let us now see how to '''Void''' a transaction.
 |-
 | 11:34
-| Click on the '''Setup''' tab.
+| Click on the '''Setup''' tab
 |-
 | 11:36
-| And then on the option '''Void a transaction''' under the '''Maintenance''' bar.
+| and then on the option '''Void a transaction''' under the '''Maintenance''' bar.
 |-
 | 11:41
-| This '''option''' is used to delete/remove an '''entry'''.
+| This option is used to delete/remove an '''entry'''.
 |-
 | 11:45
-| We can see the reference number, which shows the entry.
+| We can see the '''reference number''' which shows the entry.
 |-
@@ Line 673: / Line 673: @@
 |-
 | 12:00
-| A message appears that says-
+| A message appears that says- '''Are you sure you want to void this transaction? This action cannot be undone.'''
 '''Are you sure you want to void this transaction? This action cannot be undone.'''
 |-
 | 12:07
-| I’ll click on the '''Proceed''' button.
+| I will click on the '''Proceed''' button.
 |-
 | 12:10
-| Immediately another message appears and says-
+| Immediately another message appears and says- '''Selected transaction has been voided.'''
 '''Selected transaction has been voided.'''
 |-
@@ Line 695: / Line 693: @@
 |-
 | 12:22
-| In this tutorial, we have learnt to create
+| In this tutorial, we have learnt to create:
 |-
 | 12:25
-| '''General Ledger Classes'''
+| '''General Ledger Classes, General Ledger Groups, General Ledger Accounts'''.
-'''General Ledger Groups'''
-'''General Ledger Accounts'''
 |-
 | 12:31
-| Also, we have learnt to :
+| Also, we have learnt to : pass a '''Journal Entry''', see the reflection in '''Balance sheet''' and
-Pass a '''Journal Entry'''
+how to '''void a transaction'''.
-See the reflection in '''Balance sheet''' and
-How to '''void a transaction'''
 |-
 | 12:40
-| As an '''Assignment'''
+| As an assignment-
 |-
 | 12:41
-| Pass a '''Journal Entry'''
+| pass a '''Journal Entry'''
 |-
 | 12:43
-| '''Goods Purchased for Rs 50,000'''<br/>
+| '''Goods Purchased for Rs 50,000'''.<br/>
 |-
 | 12:46
-| See the reflection in the '''Balance Sheet'''
+| See the reflection in the '''Balance Sheet'''.
 |-
 | 12:49
-| This video summarizes the Spoken Tutorial project.
+| This video summarizes the '''Spoken Tutorial''' project.
 |-
@@ Line 744: / Line 738: @@
 |-
 | 13:03
-| The Spoken Tutorial Project is funded by NMEICT, MHRD Government of India.
+| The Spoken Tutorial Project is funded by '''NMEICT, MHRD''' Government of India.
 |-

@@ Line 261: / Line 261: @@
 |-
 | 04:25
-| A unique '''Class''' '''ID''' has to be added to each '''Group''' '''Name'''.
+| A unique '''Class ID''' has to be added to each '''Group Name'''.
 |-
 | 04:29
-| In the '''Group ID '''field''', I will type the new ''' Group ID ''' as ''' 12.'''
+| In the '''Group ID '''field, I will type the new ''' Group ID ''' as ''' 12.'''
 |-
 | 04:34
-| In the '''Name''' field,''' I will type '''Fixed Assets''' as the ''' Group Name.'''
+| In the '''Name''' field, I will type '''Fixed Assets''' as the ''' Group Name.'''
 |-
@@ Line 277: / Line 277: @@
 |-
 | 04:42
-|This is because, the Group Name “Fixed Assets” does not belong to any '''subgroup''' that is already available.
+|This is because, the Group Name “Fixed Assets” does not belong to any  subgroup  that is already available.
 |-
@@ Line 297: / Line 297: @@
 |-
 | 05:08
-| We can see an error message that says -
+| We can see an error message that says - “This account Group ID is already in use”.
-−
 “This account Group ID is already in use”.
 |-
@@ Line 319: / Line 317: @@
 |-
 | 05:31
 | This time we can see a message that says -
 |-
@@ Line 327: / Line 325: @@
 |-
 | 05:37
-| The new '''Group Name''' is added '''randomly''' within the '''class “Assets”.'''
+| The new '''Group Name''' is added randomly within the '''class “Assets”.'''
 |-
@@ Line 371: / Line 369: @@
 |-
 | 06:23
-| The '''Account''' '''Name''', '''Land & Building''' has to come under the '''Group Fixed Assets''' as per the '''Charts of Accounts.'''
+| The '''Account Name''' '''Land & Building''' has to come under the '''Group Fixed Assets''' as per the '''Charts of Accounts.'''
 |-
@@ Line 387: / Line 385: @@
 |-
 | 06:41
-| We can see the message -
+| We can see the message -'''‘New account has been added’.'''
 '''‘New account has been added’.'''
 |-
@@ Line 420: / Line 417: @@
 |-
 | 07:14
-| Save the changes
+| Save the changes.
 |-
@@ Line 432: / Line 429: @@
 |-
 | 07:24
-| '''Commenced business with a capital of Rs. 50,000'''
+| '''Commenced business with a capital of Rs. 50,000'''.
 |-
 | 07:29
-| The '''Entry''' is
+| The '''Entry''' is-
 '''Cash A/c Dr. 50,000'''
 '''To Capital A/c 50,000'''
-(being '''Capital introduced in the business''')
+(being '''Capital introduced in the business''').
 |-
@@ Line 459: / Line 456: @@
 |-
 | 07:53
-| We can see the '''reference number''' for the '''transaction''' here.
+| We can see the '''Reference '''number for the transaction here.
 |-
@@ Line 475: / Line 472: @@
 |-
 | 08:11
-| To save the '''Debit''' entry, click on '''Add Item''' button.
+| To save the '''Debit entry''', click on '''Add Item''' button.
 |-
@@ Line 508: / Line 505: @@
 | 08:50
 |  You can see the message at the top, that appears in green -
-'''“Journal Entry”''' has been entered
+'''Journal Entry has been entered'''.
 |-
 | 08:57
-| You can also see the '''options''':
+| You can also see the options:
 |-
 | 08:59
-| '''View this Journal Entry'''
+| '''View this Journal Entry, Enter New Journal Entry, Add an Attachment''' and
-'''Enter New Journal Entry'''
+'''Back'''.
-'''Add an Attachment and'''
 '''Back'''
 |-
@@ Line 527: / Line 522: @@
 |-
 | 09:11
-| Immediately, a new popup window opens showing the current '''General Ledger Transaction details'''.
+| Immediately, a new pop-up window opens showing the current '''General Ledger Transaction details'''.
 |-
@@ Line 535: / Line 530: @@
 |-
 | 09:23
-| By choosing this option, we get a print-out of this '''transaction''' for our future reference.
+| By choosing this option, we get a print-out of this transaction for our future reference.
 |-
 | 09:30
-| This '''option''' here, at the bottom right is to close this window.
+| This option here, at the bottom right is to close this window.
 |-
@@ Line 551: / Line 546: @@
 |-
 | 09:42
-| We can see a new page opens immediately for the next new '''transaction'''.
+| We can see a new page opens immediately for the next new transaction.
 |-
@@ Line 564: / Line 559: @@
 | 09:55
 | We can see the '''fields:'''
-'''Transaction'''
+'''Transaction''',
 '''Description ''' and
-'''Attached file'''
+'''Attached file'''.
 |-
@@ Line 574: / Line 569: @@
 |-
 | 10:08
-| Let me attach a sample voucher which I have already created and stored on my computer.
+| Let me attach a sample '''voucher''' which I have already created and stored on my computer.
 |-
@@ Line 582: / Line 577: @@
 |-
 | 10:20
-| Pls click on the link and save the file on your computer.
+| Please click on the link and '''save''' the file on your computer.
 |-
@@ Line 590: / Line 585: @@
 |-
 | 10:29
-| I'll select the '''Sample-Voucher.odt file''' from my '''Desktop''' folder.
+| I will select the '''Sample-Voucher.odt file''' from my '''Desktop''' folder.
 |-
@@ Line 602: / Line 597: @@
 |-
 | 10:43
-| A message appears that says:
+| A message appears that says: '''Attachment has been inserted.'''
 '''Attachment has been inserted.'''
 |-

@@ Line 33: / Line 33: @@
 |-
 | 00:28
-| '''Ubuntu Linux''' OS version 14.04,
+| '''Ubuntu Linux OS''' version 14.04,
 |-
@@ Line 53: / Line 53: @@
 |-
 | 00:46
-| If not, for relevant '''FrontAccounting''' tutorials, please visit our website.
+| If not, for relevant '''FrontAccounting''' tutorials, please visit our '''website'''.
 |-
@@ Line 73: / Line 73: @@
 |-
 | 01:11
-| So, here type the user name as '''admin''' and the password.
+| So, here, type the user name as '''admin''' and the password.
 |-
@@ Line 113: / Line 113: @@
 |-
 | 01:49
-| All '''transactions''' are charged to an '''Account''',''' Group''','''Classes'''
+| All transactions are charged to an '''Account, Group, Classes'''.
 |-
 | 01:54
-| These are used to group '''transactions''' for '''reporting purposes'''.
+| These are used to group transactions for reporting purposes.
 |-
@@ Line 129: / Line 129: @@
 |-
 | 02:05
-| '''GL Accounts'''
+| '''GL Accounts, GL Account Groups, GL Account Classes''' in this tab.
-'''GL Account Groups'''
-'''GL Account Classes'''
-in this '''tab'''.
 |-
@@ Line 148: / Line 145: @@
 |-
 | 02:18
-| '''Group''' belongs to '''Class'''
+| '''Group''' belongs to '''Class'''.
 |-
 |  02:21
-| It depends upon how to present the '''Balance''' '''Sheet''' and '''Profit and Loss A/c''' statements
+| It depends upon how to present the '''Balance Sheet''' and '''Profit and Loss A/c''' statements.
 |-
@@ Line 164: / Line 161: @@
 |-
 | 02:37
-| Here, by default the '''Class Type''' and '''Class Name''' have been defined as:
+| Here, by default, the '''Class Type''' and '''Class Name''' have been defined as:
 |-
 |  02:41
-| '''Assets'''
+| '''Assets, Liabilities, Income, Expense'''.
-'''Liabilities'''
-'''Income'''
-'''Expense'''
 |-
 | 02:46
-| Also, you can see the '''Class ID is set''' for each '''Class Type.'''
+| Also, you can see the '''Class ID''' is set for each '''Class Type.'''
 |-
@@ Line 183: / Line 177: @@
 |-
 | 02:55
-| I will '''demonstrate''' how to do this.
+| I will demonstrate how to do this.
 |-
@@ Line 211: / Line 205: @@
 |-
 | 03:20
-| '''Assets'''
+| '''Assets, Liabilities, Equity, Income, Cost of Goods Sold, Expense'''.
-'''Liabilities'''
-'''Equity'''
-'''Income'''
-'''Cost of Goods Sold'''
-'''Expense'''
-https://internet.iitb.ac.in/logout.php
 |-
 | 03:27
-| '''FrontAccounting''' follows this '''Class''' '''Type''' to present in the '''Balance''' '''Sheet'''.
+| '''FrontAccounting''' follows this '''Class Type''' to present in the '''Balance Sheet'''.
 |-
@@ Line 237: / Line 225: @@
 |-
 | 03:41
-| '''New account class has been added'''
+| '''New account class has been added'''.
 |-
@@ Line 249: / Line 237: @@
 |-
 | 03:57
-| So, whenever you add a new '''Class''', it takes the default place of the '''Class''' '''Type'''.
+| So, whenever you add a new '''Class''', it takes the default place of the '''Class Type'''.
 |-
@@ Line 257: / Line 245: @@
 |-
 | 04:06
-| Go to the '''Banking and General Ledger''' tab..
+| Go to the '''Banking and General Ledger''' tab.
 |-

@@ Line 5: / Line 5: @@
 |-
 | 00:01
-| Welcome to this tutorial on,'''Banking and General Ledger in Front Accounting'''
+| Welcome to this tutorial on '''Banking and General Ledger''' in '''Front Accounting'''.
 |-
 | 00:07
-| In this tutorial,we will learn to create
+| In this tutorial, we will learn to create:
 |-
 | 00:10
-|General Ledger Classes
+|'''General Ledger Classes''',
-General Ledger Groups
+'''General Ledger Groups''',
-General Ledger Accounts
+'''General Ledger Accounts'''.
 |-
@@ Line 23: / Line 23: @@
 |-
 | 00:17
-| Pass a '''Journal Entry'''
+| '''Pass''' a '''Journal Entry''',
-See the reflection in '''Balance sheet '''and
+see the reflection in '''Balance sheet '''and
-How to '''void a transaction'''
+how to '''void''' a transaction.
 |-
 | 00:25
-| To record this tutorial, I am using
+| To record this tutorial, I am using:
 |-
 | 00:28
-| '''Ubuntu Linux''' OS version 14.04
+| '''Ubuntu Linux''' OS version 14.04,
 |-
@@ Line 45: / Line 45: @@
 |-
 | 00:39
-| Principles of Book-keeping
+| principles of '''Book-keeping''',
 |-
 | 00:42
-| Set-up of an '''Organisation/Company''' in '''FrontAccounting'''
+| set-up of an '''Organisation/Company''' in '''FrontAccounting'''.
 |-
 | 00:46
-| If not, for relevant '''FrontAccounting''' tutorials please visit our website.
+| If not, for relevant '''FrontAccounting''' tutorials, please visit our website.
 |-
@@ Line 61: / Line 61: @@
 |-
 | 00:56
-| Click on the browser, type '''localhost/account''' and press '''Enter.'''
+| Click on the browser, type: '''localhost/account''' and press '''Enter.'''
 |-
@@ Line 69: / Line 69: @@
 |-
 | 01:06
-| Recall that during installation, we had created '''admin''' user.
+| Recall that during installation, we had created '''admin user'''.
 |-
 | 01:11
-| So, here type the username as '''admin''' and the password.
+| So, here type the user name as '''admin''' and the password.
 |-
@@ Line 89: / Line 89: @@
 |-
 | 01:25
-| We can see various options under this tab, such as:
+| We can see various options under this tab such as:
 |-
 | 01:29
-|  '''Payments'''
+|  '''Payments''',
 |-
 | 01:31
-| '''Deposits'''
+| '''Deposits''',
 |-

@@ Line 155: / Line 155: @@
 |-
-| 02:21
+| 02:27
 | Here, '''GL Accounts Classes''' are the initial stage that need to be set first.