G/L - Update Chart of Accounts

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Update Chart of Accounts

Update Chart of Accounts

 

 
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:

         Account Code                Account Class                Account Name

E. Field Descriptions:

         Chart of Accounts Master Record