GENERAL LEDGER CHART OF ACCOUNTS CODE
3 to 6 character code which identifies the ACCOUNT MASTER RECORD in the
General Ledger Chart of Accounts Master File.
(Note: When your Accounting System was set up a parameter was entered specifying
the number of characters in this code. You will need Support assistance to
change this parameter).
A STANDARD SUB-CONTRACTOR Chart of Accounts is delivered with each System.
If ACCOUNTS are to be ADDED, you need to contact Support to make sure any
necessary parameters are changed.
Standard Chart of Accounts Groups:
1000's - Assets
2000's - Liabilities
3000's - Shareholders Equity
4000's - Revenue / Sales
5000's - Direct Job Cost
6000's - Indirect Job Cost
7000's - General & Administrative Expenses
9000's - Other Income & Expenses & Income Taxes