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On this form, the following fields are required: Code, Description and Section.
The "Account (create)" form
In the Code field, provide a code for the new GL account according to the coding scheme used in your company.
In the default chart of accounts, 7 digit-codes are used for accounts. The first digit designates the reporting section in which the account will be displayed (for example, Non-Current Assets, Income). The other digits are used to designate the order of the account in COA.
Both the code and description will be displayed in the system interfaces and in the drop-down lists.
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