G/L Account Types Setup

Modules>Accounting>Overview>Accounting Setup>G/L Account Types

A General Ledger (G/L) Account is used to track revenue coming in and out of an organization. G/L Account Types are selected when adding a Business Unit. In addition, you may select G/L Account Types when setting up items to be sold.

To set up a new G/L Account, complete the following steps:

Navigate to the Accounting Setup page.
Click the Add icon located on the gl account types child form.This opens the Add - G/L Account Type pop-up window.
Enter the name of the new gl account type in the account type field.
If this account type should be included in the ledger table when a batch is closed, select the include project in ledger entries? option.
Click the Save button.

Tips:

Click the Edit icon to open the Edit - G/L Account Type pop-up window where you can rename the account type.
Click the Delete icon to delete the G/L Account Type from netFORUM. You will be prompted with a window to confirm the deletion prior to its removal from the system.