The standard report 'General Ledger Card Period Amounts' shows an overview of the transactions per general ledger account for the selected period in the currently chosen fiscal year. It displays the transaction document no., description (creditor), debit and credit amounts, and the balance after each transaction.

MKG registers a unique number, a sequence number, for various processes. The financial sequence numbers, also known as document numbers, are defined in the journals where you manually create entries. This article explains how to adjust the document numbering.

The standard dashboard 'Outstanding Items by Reference Period' displays the outstanding debtor and creditor items based on the specified fiscal year and period. The purpose of this dashboard is to provide insight into the outstanding items by reference period to verify the financial reconciliation with the general ledger.

MKG has manual and process-oriented journals. Entries from the sales, production, or purchasing process are made in the process journals. This article covers general matters about journals and some specific features of process-oriented journals.

The standard dashboard 'Creditor Analysis Current Fiscal Year' is opened per creditor and provides insight into various key figures of the creditor, such as the number of purchase orders, delivery reliability, number of payments and open items, and the invoice value.

We purchase materials and products not only in the Netherlands but also abroad. It makes a difference whether you are dealing with an EU country or a non-EU country. This mainly concerns the administrative handling of VAT. Read here how to book an EU purchase invoice in MKG.

In addition to the standard rate of 21% and the reduced rate of 9%, VAT also includes a 0% rate. Financial services and insurance are exempt from VAT and fall under this latter rate. In this article, you will learn how to book an insurance purchase invoice.

A manual purchase invoice is a purchase invoice that you do not receive on a registered purchase order in MKG. These are, for example, the costs incurred for the purchase of tools or the maintenance of machines. But also consider purchases for the canteen or the insurance premium.

An invoice you receive for outsourcing is a procedural purchase invoice. This arises from creating a purchase order through the purchase order process. MKG collects these invoices in the Invoice List. In this article, you will learn how to book a purchase invoice for outsourcing.

The procedural purchase invoice arises from creating a purchase order through the purchase order process. MKG collects these invoices in the Invoice List. In this article, you will learn how to book a procedural purchase invoice in MKG.

The standard dashboard 'Outstanding Items Debtors' shows the outstanding items per debtor by age. Click on a debtor in the table to see all outstanding invoices for that debtor. If you do not zoom in on a debtor, the most recent reminder date and the highest reminder status are displayed.

The standard dashboard 'Outstanding Items Creditors' shows the outstanding items per creditor by age. Click on a creditor in the table to see all outstanding invoices for that specific creditor.

In the Payment Transactions module, all payments and receipts are updated. Updating payment transactions is one of the four manual financial entries in MKG.

In MKG, both manual and process-based journals are utilized. Bookings are made in the process journals from the sales, production, or purchasing process. This article discusses general matters about journals and some specific characteristics of process-based journals.

The journal diary is used for other (monthly) journal entries, such as the payroll journal entry, but also for correction entries. Journal entries are one of the four manual financial entries in MKG.

MKG registers a unique number, a sequence number, for various processes. The financial sequence numbers, also known as document numbers, are defined in the journals where you manually create entries. This article explains how to adjust the document numbering.

If you use MKG in the Basic financial setup, there are few or no restrictions on the daily operations with MKG. The only thing to keep in mind is that, in case of a serial number change, this change will be applied immediately the moment you save the control variables.