The list includes all sets of default GL accounts that are used for items in your application for sales, purchase or other transactions.
To open this form, click the Default GL Accounts link on the Sales > Master Data > Items form.
The list of default GL Accounts for Items
This list includes all the default accounts that are used for items. You can choose to use the same default GL accounts for all items of each item type, or you can assign specific accounts to be used for particular type of items, or for particular items.
The GL accounts that will be used for any items of any item type are listed in the table's first row with no item description in the Item column and no item type in the Item Type column. This is the predefined setting.
The GL accounts to be used for items of the particular item type are presented in a row with no specific item in the Item column and this item type selected in the Item Type column
When you post a transaction associated with a particular item, the program will use the default accounts as follows:
- From a specific set of accounts defined for this item if there is such a set.
- From a specific set of accounts defined for the item group to which the item belongs if there is such a set.
- From a specific set of accounts defined for a item type to which the item belongs if there is such a set.
- From the default set of default accounts initially intended for all items.
The toolbar buttons
To create a new setting, click the Create button. For details on specifying default GL accounts for particular items or item types, refer to Adding an Item. GL Accounts.
See also