The list includes all sets of default GL accounts that are used for companies or specific contracts of some companies in your application for sales, purchase or other transactions.
To open this form, click the Default GL Accounts link on the Sales > Master Data > Companies form.
The list of Default GL Accounts for Companies
This list includes all the default accounts that are used for companies, customers as well as suppliers and their contracts, companies interacting with specific entities. You can choose to use the same default GL accounts for all customer or all suppliers, or you can assign specific accounts to be used for particular contracts of companies.
The GL accounts that will be used for any contract of any company interacting with any entity are listed in the table's first row with no company name in the Company column, no contract in the Contract column, no entity in the Entity column. This is the predefined setting.
When you post a transaction associated with a particular company's contract, the program will use the default accounts as follows:
- From a specific set of accounts defined for this contract if there is such a set.
- From a specific set of accounts defined for the company interacting with the particular entity if there is such a set.
- From the default set of default accounts initially intended for all companies.
The toolbar buttons
To create a new set of default accounts, click the Create button. For details on specifying default GL accounts for particular contracts or companies, refer to Adding an Company. Default GL Accounts.
See also