Accounting Setup
An invoice needs an accounting treatment before its amount can enter the ledger. A recognition journal can record the cost in an expense GL account and the obligation in a payable GL account; payment later affects cash and the payable. Open Accounting → Accounting Operations → Accounting Setup to inspect the accounts, period and posting rules that supply that treatment.
The chart of accounts supplies the classifications used in statements. The accounting period defines the book's dated review window and status. Posting rules specify how an eligible source category is translated into debit and credit accounts, including relevant dimensions and effective dates. Setting up a rule describes the treatment; executing posting produces a journal.
The core example has two training GL accounts and an Open quarter, but no posting rules. Its existing expense journal is Draft. Those facts explain the setup available for inspection; they do not establish a complete or ready-to-post book.
Choose the book
Select Entity. An Entity owns the accounting book; Share Class, Investment, Account and Subscription can be dimensions on journal lines. They do not replace the journal's Entity.
An empty Entity selection shows records across Entities. Confirm the selected book before editing. Wait for data and write settings to load; use Refresh data if a table still reflects the previous selection.
Fictional Cedarbridge Example Fund LP #1 has two GL accounts and one Open quarter. Posting Rules has no results. This limited example does not represent a complete chart of accounts or a ready-to-post book.
Read the three sections
Read the sections as connected configuration: which ledger classifications exist, which period is under review, and which rule maps the source into those classifications. An expense account and a payable account have different jobs even if the invoice amount is identical on both sides. Their classifications determine whether the amount is presented as a period cost or an outstanding obligation.
Chart of Accounts — one row per GL account. Code and Name identify the account. Type determines its accounting classification; Report Group gives the more specific reporting bucket. Currency, Parent Account and Is Active provide additional setup context.
In the example, account #1 / code 42005 is Training Administration Expense, classified Expense / Operating & Organizational Expenses. Account #2 / code 22004 is Training Expense Payable, classified Liability / Expense Payables. These codes belong to this fictional book; use your organization's own chart of accounts.
A GL account is a ledger classification. It is different from a bank or brokerage Account used by Cash, even when a cash GL account represents that bank balance.
Accounting Periods — one row per Entity period. Check Start Date, End Date and Open/Closed status. Closed By and Closed At provide closure context when populated. This example's period #1 runs from July 1 to September 30, 2026 and remains Open.
Period status, row locks and review/sign-off are separate controls. Open does not mean reconciled or approved; Closed does not establish that every underlying row is locked. Use the appropriate review and Data Locks pages separately.
Posting Rules — one row per configured rule. Rules connect a Source Type/Category to debit and credit GL accounts, with dimension instructions, effective dates and active state. Under a selected Entity, this table includes both Entity-specific rules and organization-wide defaults with no Entity.
Review category, effective dates, active state and dimensions to decide whether a rule applies to an activity. A rule appearing in the list does not establish that posting will succeed. This example has no configured rules, even though operational activities exist.
Work safely with setup
Use each table's Search, Filter, Sort, Hide fields and horizontal scrollbar to inspect the relevant records. Expand a section if it is collapsed. ID is the record identifier; Code is the account's business code.
These are editable tables. Where permissions and locks allow it, Insert opens a record form and editable cells update the underlying record. Review the Entity and required fields, save only an authorized change, then refresh and verify the persisted value. Do not add duplicate accounts or alter classifications simply to clear a reconciliation result. Changing configuration is not the same as running posting.
For a source-data issue, return to its FundOps app. For a mapping issue, an authorized accounting owner should review the rule and its GL accounts before using the supported posting workflow. For a closed or locked record, follow your organization's review process rather than bypassing the control.
Continue to the native Operating Activity tab to inspect the underlying expense, income and allocation records, then Journal Entries to see what has actually been recorded as accounting.