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:
Change an Existing MasterRecord.
D. Required Fields:
Account Code Account Class Account Name
E. Field Descriptions: