How do I add a new GL Code to Horizon Finance?

Adding a new General Ledger (GL) code to Horizon Finance is a two-stage process. This guide walks you through each step to ensure proper integration with both local and global master data.

Stage 1: Add Record to Master Data at Entity Level

This step ensures that the new GL code is correctly registered in the system and mapped to the global structure.

1. At the Entity Level navigate to the Settings section.

• Go to the Reporting Master Data screen. This should be within the entity where the new GL code is to be created.

2. Create a new record:

• Insert a row in the Master Data Record by right clicking any cell (it doesn't matter where this row is inserted)

  

• Enter the new Local GL Code.

• Enter the new Local GL Description.

• Map it to an existing Global Master Data GL Code. Once mapped, the system will automatically complete the necessary mapping across other related data structures.

Stage 2: Create the GL Code in the Chart of Accounts

This step ensures the GL code is active and usable within the system for financial transactions.

1. Navigate to Accounting:

• Go to Chart of Accounts.

• Click on Create Account

2. Create the GL entry:

• Fill out the form present on the screen.

• Enter the same Local GL Code and Local GL Description used in Stage 1.

• Complete any other required fields (e.g., account type, currency, reporting category).

• Save the entry.

✅ You're Done!

The new GL code is now fully integrated into Horizon Finance and ready for use.