Ledger Splitting

Ledger Splitting causes more Ledger Transactions to be generated because the transactions that are normally rolled up and posted to the control and GST accounts are split so that various details such as linked assets etc are itemised. Splitting can be useful for reporting. Ledger Splittingcan be activated or left disabled.

If splitting is off, the following ledger transactions are generated:

• One ledger transaction for each source line value (Ex GST amount).
• One ledger transaction being the sum of the GST amounts on the lines to the GST account.
• One ledger transaction being -1 times the sum of the GST and the line values to the control account.

If splitting is on, we get pairs of transactions to the control account and to the account on the source line:

• One +ve and one -ve ledger transaction for each source line value (Ex GST amount).
• One +ve and one -ve ledger transaction for each source line GST amount.