1. Overview

This section guides you through setting up the necessary Allps Merchant Account ledger within MaxMoney.

2. Ledger Setup Procedure

To set up the ledger for your Allps Merchant Account:

1. Navigate to Setup > Accounting > Financial Ledgers.

2. Configure the ledger with the following details:

   • Main Account Number: Enter the primary account number for the Bank Control Account.

   • Sub Account Number: Enter a sub-account number to be nested under the Main Account Number.

   • Description: Provide a clear description for this ledger (e.g., "Allps Merchant Account").

   • Control Account Type: Select Bank Sub-ledger.

   • Financial Report: Choose whether this ledger should appear on the Income Statement or the Balance Sheet.

   • Display in Financial Category: Select the appropriate category where this ledger will be displayed on your financial report.

Note: If each branch under your legal entity has its own AET Account, ensure you set up the financial ledgers accordingly for each.