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​How do I setup Metro ERP Accounting application Settings?

To setup Metro ERP Accounting application Settings, follow these steps:

1) Go to the Accounting application by clicking on its icon in the main dashboard or by using the application menu.


2) Navigate to the Configuration >> Settings menu of the Accounting modules.



3) The screenshot provided shows the "Carbonates and Flavor" section under the Accounting Settings in Metro ERP. Here's an explanation of each option available in this section:


These sections likely pertain to specific modules or integrations:

Carbonates: Option to enable Carbonates Sync. Add the token and save the data.

Flavor: Option to enable Flower Sync. Geberate the API key and Secret data, then user will be able to sync data.


4) The screenshot provided shows the "IRAS" section under the Accounting Settings in Metro ERP. Here's an explanation of each option available in this section:



IRAS (Inland Revenue Authority of Singapore) Settings related to tax reporting for Singapore:

  • GST Returns (F5 & F7): Configuration for GST returns.
    • Form C-S: Selection of form type.
    • UEN Type: UEN type selection.
    • Options to include data from all parent entries or all entries.


5) The screenshot provided shows the "Tax" section under the Accounting Settings in Metro ERP. Here's an explanation of each option available in this section:


Configuration for general tax settings:

  • Default Taxes: Tax settings applied to local transactions.
  • Rounding Method: How tax amounts are computed on orders and invoices.
    • Round per Line
    • Round Globally
  • EU intra-community Distance Selling (OSS): Application of VAT rules for sales within the EU.
  • Verify VAT Number: Option to verify VAT numbers using the European VIES service.
  • Cash Basis: Option to handle taxes using cash basis.
  • Send Customer Statements Periodic Statement Date: Send customer statements periodically.


6) The screenshot provided shows the "DFR (Deferred Revenue)" section under the Accounting Settings in Metro ERP. Here's an explanation of each option available in this section:



Settings related to deferred revenue:

  • Enable Ignore Initial Balance: Ignore initial balance in the general ledger.
  • Disable Trial Balance Credits: Disable initial balance from the income/expense account.
  • Disable Balance Sheet Open: Disable open balance entries for assets and liabilities.
  • Enable Net Tax: Enable the net tax report.

 
7) The screenshot provided shows the "Currencies" section under the Accounting Settings in Metro ERP. Here's an explanation of each option available in this section:


    Configuration for currency and exchange rate differences:

    • Main Currency: The main currency used by the company.
    • Post Exchange difference entries in:
      • Gain Account
      • Loss Account

     
    8) The screenshot provided shows the "Customer Invoices" section under the Accounting Settings in Metro ERP. Here's an explanation of each option available in this section:


    Settings for sending and handling customer invoices:

    • Default Sending Options: Default method for sending invoices.
      • Print
      • Send by Email
    • Line Subtotal to Display: Display line subtotals in the invoice.
      • Exclude Discount
    • Terms & Conditions: Manage terms and conditions for invoices.
    • Default Template: Set default templates for invoices.
    • Snailmail: Send invoices and payment follow-ups by post.
      • Print in Color
      • Print both sides
      • Add a Cover Page
    • Sales Credit Limit: Trigger alarms when invoicing and sales orders for partners with a total receivable amount exceeding a limit.
    • Cash Rounding: Manage rounding of the currency used for cash payments.
    • Sale Receipt: Activate to create sale receipts.

     
    9) The screenshot provided shows the "Customer Payments" section under the Accounting Settings in Metro ERP. Here's an explanation of each option available in this section:


    Settings for handling customer payments:

    • QR Codes: Add QR codes to your invoices.

    10) The screenshot provided shows the "Vendor Bills" section under the Accounting Settings in Metro ERP. Here's an explanation of each option available in this section:

    Settings for managing vendor bills:

    • Purchase Receipt: Control purchase receipts.

    11) The screenshot provided shows the "Fiscal Periods" section under the Accounting Settings in Metro ERP. Here's an explanation of each option available in this section:


    Configuration for fiscal periods:

    • Fiscal Year: Set the fiscal year end month.
      • Fixed Year
      • Fiscal Years
    • Fiscal Period Closing: Lock your fiscal period.
      • Lock Date
      • Lock Date for Non-Advisers

    12) The screenshot provided shows the "Anglo-Saxon Accounting" section under the Accounting Settings in Metro ERP. Here's an explanation of each option available in this section:

    Anglo-Saxon Accounting: Used for deferring income and expenses when goods are invoiced or received.



    13) The screenshot provided shows the "Analytics" section under the Accounting Settings in Metro ERP. Here's an explanation of each option available in this section:



    Settings for managing analytic entries and tags:

    • Analytic Accounting: Allows to use analytic entries to manage analytic distributions.
    • Analytic Tags: Allows to tag analytic entries to manage analytic distributions.

    This overview covers the primary settings shown in the screenshot, providing a general understanding of each configurable option available in the Metro ERP Accounting Settings module.


    To get more details how to setup Accounting settings in Metro ERP, please do contact us at  support@metrogroup.solutions