A. Purpose:

To store General Ledger  information for a G/L Account; Account Name, Class and Type, Group Heading, Budget & Valid Type Codes.

B. Example Updates:

Add - Management wants a NEW BREAKDOWN on the Company's Financial Statements..

Change -  Budget change

Delete - ONLY IF THE ACCOUNT HAS HAD NO ACTIVITY IN THE LAST TWO FISCAL YEARS.

C. Procedure:

Add a New Master Record.

Change an Existing MasterRecord.

Delete a Master Record.
 

D. Required Fields:

E. Field Descriptions:

Chart of Accounts Master Record