About general ledger setup
One of the first tasks when creating a new company in Sage 100 Contractor is to set up the general ledger structure. When you select a prebuilt ledger, Sage 100 Contractor creates the ledger accounts for you.
You can also set up the general ledger manually. If you choose to enter the account ranges, controlling accounts, and posting accounts manually, Sage 100 Contractor does not create the ledger accounts. You must create each ledger account in the 1-7 General Ledger Accounts window.
Caution! Once you set up and save a chart of accounts, you cannot delete it and you cannot edit it after you enter a transaction. Contact Customer Support or your business partner if you need more information.
Note: Unless you have prior experience setting up general ledgers, it is a good idea to choose a prebuilt chart of accounts.