Accounting Settings

The Settings section in the OpenScope ERP SAAS admin portal allows you to configure and customize various aspects of the accounting module to align with your organization’s specific requirements. This section provides flexibility and control over the accounting settings, enabling you to tailor the system to suit your business processes. In this section, we will […]

Accounting Settings

The Settings section in the OpenScope ERP SAAS admin portal allows you to configure and customize various aspects of the accounting module to align with your organization’s specific requirements. This section provides flexibility and control over the accounting settings, enabling you to tailor the system to suit your business processes. In this section, we will explore the functionalities and features available in the Settings section.

1. Accessing the Settings Section

To access the Settings section in the admin portal, follow these steps:

  • Open your web browser and enter the URL: https://dev.openscope.in/admin/accounting/setting?group=general
  • Log in to your admin account using your credentials.
  • Once logged in, you will be directed to the Settings section automatically.

General Settings


The General Settings subsection typically includes options to configure fundamental accounting settings. Some common settings you may find in this section include:

  • Currency: Select the default currency for your organization’s accounting transactions.
  • Date Format: Specify the format in which dates are displayed throughout the accounting module.
  • Number Format: Define the format for numbers and decimals used in financial calculations and displays.
  • Tax Settings: Configure tax-related settings, such as tax rates, tax codes, or tax calculation methods.
  • Accounting Periods: Set up accounting periods, such as fiscal years or reporting periods, to align with your organization’s financial calendar.

  • Banking Rules

The Banking Rules section in the OpenScope ERP SAAS admin portal allows you to set up rules and conditions for automating the categorization and processing of banking transactions. These rules help streamline the reconciliation process and ensure the accurate recording of financial data. In this section, we will explore the functionalities and features available for managing banking rules.

Accessing the Banking Rules Section

To access the Banking Rules section in the OpenScope ERP SAAS admin portal, follow these steps:

  • Open your web browser and enter the URL: https://dev.openscope.in/admin/accounting/setting?group=banking_rules
  • Log in to your admin account using your credentials.
  • Once logged in, you will be directed to the Banking Rules section automatically.

Adding Banking Rules

The Banking Rules section typically provides options to create and manage rules for automating the categorization and processing of banking transactions. Here’s how you can create a new banking rule:

  • Click on the “Add” button, usually located at the top or bottom of the page.
  • Define the criteria and conditions for the rule. This may include parameters such as transaction amounts, descriptions, keywords, or transaction types.
  • Specify the actions to be taken when a transaction matches the defined criteria. For example, you can assign specific accounts or categories to the transaction, tag it with relevant labels, or apply other actions such as creating invoices or updating customer records.
  • Save the rule once all the details have been entered.

Managing Banking Rules

In the Banking Rules section, you can view and manage the existing banking rules. Some common actions you may perform include:

Editing Rules: If permitted, you can modify the criteria, conditions, or actions of a banking rule. Edit the rule details as required and save the changes.

Deleting Rules: To remove a banking rule, select the rule from the listing and click on the delete button or option. Exercise caution when deleting rules, as it may impact the automatic processing of banking transactions.

Rule Priority and Order

When multiple banking rules are defined, the system follows a priority or order to apply the rules to transactions. Ensure that the rules are organized in the desired order to avoid conflicts or unintended categorization.

Testing and Validating Rules

Some banking rule sections provide options to test or validate rules before applying them to actual banking transactions. Take advantage of these features to ensure that the rules are correctly set up and produce the desired results.

Saving and Applying Rules

After creating or modifying banking rules, remember to save the changes to ensure they take effect. Look for the “Save” or “Apply” button at the bottom or top of the banking rules page to save your changes.

Mapping Setup

The Mapping Setup section in the OpenScope ERP SAAS admin portal allows you to configure mappings between various financial elements, such as accounts, categories, or codes. This mapping enables seamless integration and synchronization of data across different modules and systems. In this section, there are functionalities and features available for setting up mappings.

Account Detail Types

The Account Detail Types section in the OpenScope ERP SAAS admin portal allows you to define and configure specific detail types for your chart of accounts. These detail types provide additional information and attributes to categorize and classify your accounts accurately.

Plaid Environment Configuration

The Plaid Environment Configuration section in the OpenScope ERP SAAS admin portal allows you to set up and configure the Plaid environment for seamless integration with your banking and financial data. Plaid provides a secure and reliable platform for connecting with banks and financial institutions to access transaction data.

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