Describes the general ledger, chart of accounts, and account categories. Use the General Ledger Setup page to specify handling accounting issues in your company.
First included in: GeneralLedger/LedgerChartOfAccountsEntity (this entity)PropertiesExpand table NameValue dataFormat string isNullable trueTraitsList of traits for the MainAccountMask attribute are listed below. is.dataFormat.character is.dataFormat.big is.dataFormat.array i...
The chart of accounts is organized under the five main account types. While the five main accounts at the top stay the same, the accounts that sit underneath can be customized to suit your business. For example, within expenses you could have subcategories for utilities, office expenses and re...
The chart of accounts is a listing of the names and account numbers for the general ledger accounts available for recording amounts. However, the chart of accounts will not include any transaction amounts or account balances. The chart of accounts is helpful for identifying the accounts to be ...
A web-service for validating or invalidating accounts from a general ledger (GL) chart of accounts is described. Upon a request from an application for whether an account value corresponding to a department and a product is valid, the service indicates whether the combination of account value/...
The chart of accounts is a list of every account in the general ledger of an accounting system and is used to record transactions in the fiscal year.
The common thread throughout the bookkeeping records and reports is the “accounts”. Thegeneral ledgermust use the names of the accounts found on the Chart of Accounts. Theindividual ledgersof each account go by their name found on the Chart of Accounts. ...
Chart of AccountsThe chart of accounts is a listing of all the accounts in the general ledger, each account accompanied by a reference number. To set up a chart of accounts, one first needs to define the various accounts to be used by the business. Each account should have a number to ...
The general ledger provides a record of each financial transaction and is comprised of four primary components: journal entry, transaction type (description), debit and credit, and a ledger balance. The general ledger holds account information that is needed to prepare the company's financial statem...
G/L Account Other Resources How to: Enter Consolidation Information on General Ledger Accounts How to: Set Up General Ledger Accounts in the Chart of Accounts Window How to: Assign VAT Posting Groups to General Ledger Accounts How to: View Debit Balances and Credit Balances for All General Ledg...