Before you begin using the General Ledger application, you need to enter the last day of the prior fiscal year and a default budget code in the G/L Control File (GCON). You will leave the other fields in GCON blank because the system will automatically update them when you complete month-end and year-end procedures.
From the Eagle Browser, click General Ledger Menu. From the General Ledger Menu, click G/L Control File Maintenance.
In the G/L Control File Maintenance window, do the following:
In the Earliest Allowed Transaction Date field, enter the last day of your prior fiscal year.
In the Default Budget Code field, if you plan on entering budgets while setting up your Chart of Accounts, enter that budget code. Make sure you have set up this budget in Budget Code Maintenance.
Click OK.