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• Create accounts. Each account can have up to ten available budgets and three assigned budget amounts recorded for each month of the year. Usually one budget amount is used as the working budget. The working budget is copied to the approved budget once it is passed by the council. You can make changes to the working budget during the year whenever required. See:
• Introduction to the general ledger AnchorH_19777H_19777 (on page ).
• Maintaining general ledger accounts (on page ).
• Renaming accounts (on page ).
• Maintaining general ledger divisions AnchorH_8207H_8207 (on page ).
• Creating the next general ledger year (on page ).
• Importing general ledger budgets (on page ).
• Create account codes. General ledger account codes are up to 15 characters long, and can contain any combination of number, letters and dashes or period symbols. See General ledger codes (on page ).

Many organisations use a combination of the chart of accounts code (to designate an income, expense, asset or liability) and a cost centre code (to record which area of the organisation is responsible for the financial transaction).
Synergetic provides a chart of accounts and Cost Centre Maintenance facility that automatically creates the appropriate general ledger codes required. See:

• Maintaining the general ledger chart of accounts (on page ).
• Maintaining general ledger cost centres (on page ).
• Record cost centres against general ledger codes. You can record a cost centre against any general ledger code. The code is used in Synergetic as the basis of departmental recording facilities.
• Post to general ledger account codes and sub-allocations. You can set up sub-allocations against any account code. See:
• Maintaining general ledger sub-allocations (on page ).
• Entering general ledger journals AnchorH_7984H_7984 (on page ).

You can use one sub-allocation code across more than one account code if required. Use the sub-allocation code to:

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• Create trial balances, profit and loss statements and other financial reports. See:
• Bank reconciliation AnchorH_19773H_19773 (on page ).
• Closing off periods (on page ).
• Running General Ledger Crystal Reports AnchorH_8885H_8885 (on page ).