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Problem: Why does a GL account require specific analytics/ Extra Dimensions (for example, Company, Contract, Employee, Tax Type, etc.)?


In FirstBit Software, analytical dimensions required for a GL account are defined by the accounting purpose of the account and its role in financial reporting.

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If a user needs an account with different analytical requirements, the correct approach is to create or select a GL account under the appropriate parent group in the Chart of Accounts and assign an account section that matches the business process and accounting purpose. The account section defines which analytical dimensions are required for this account.



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