Overview of Brokerage Engine Accounting | Scribe

    Overview of Brokerage Engine Accounting

    • Brokerage Engine |
    • 19 steps |
    • 2 minutes
      1
      Log in to your brokerage site as a System Admin user.
      2
      From your Dashboard page, click "Accounting".
      3
      The Accounting Dashboard page will display a myriad of accounting tiles that provide a snapshot of your brokerage's financial health.
      4
      The Closing and Pending Transaction tiles utilize pie charts to visualize income earned during specified time periods.
      5
      The Bank Accounts tile will display different bank accounts you've connected to the system.
      6
      The Bank Accounts tile will display different bank accounts connected to the system. Click on the "Connect Account" button to add additional Bank Accounts.
      7
      The Accounts Receivable By Aging Periods tile displays the current balance of all receivables based on the corresponding aging period.
      8
      The Accounts Payable By Aging Periods tile displays the current balance of all payables based on the corresponding aging period.
      9
      The Profit and Loss tile displays your brokerage's net income along with the total amount of income and expenses.
      10
      You can click the dropdown menu to change the time period (e.g., month, quarter, year) for the Profit and Loss data.
      11
      The Expenses tile will display the total amount of expenses for the specified time period.
      12
      The Invoices tile displays the totals for paid and unpaid invoices.
      13
      Click "Banking" in the dashboard menu to reveal subpages that allow you to control banking functions, transfers, deposits, journal entries, and much more...
      14
      Click "Sales" in the dashboard menu to reveal subpages that allow you to review financial information for sales, invoices, customers, and marketing/services.
      15
      Click "Expenses" in the dashboard menu to reveal subpages that forward you to the Expenses and Vendor pages.
      16
      Click "Reports" in the dashboard menu to reveal subpages that allow you to generate and download the following types of reports: managerial, financial, accountant, subledger, and consolidation.
      17
      Click "Settings" in the dashboard menu to reveal subpages that allow you to set the parameters for the following: the chart of accounts, classes, budgets, recurring transactions, configurations, and BrainTree reconciliations.
      18
      Click the "Quick Actions" menu at the top of the page to reveal an additional navigation menu. This menu differs from the one located outside of the Accounting module.
      19
      The Quick Actions menu includes shortcut links that forward you to pages relating to business operations, customers, vendors, and other banking tasks.