Create G/L Accounts
- Keith Mangold
Use the G/L Account Maintenance screen to create and edit G/L Accounts.
Pre-Requisites
Step-by-Step Guide
Access the Master module.
Click G/L.
Click G/L Account.
Click New.
Specify a Short Name value. For example: PAYABLES
Specify an Accrual Description. For example: ACCOUNTS PAYABLE
Select an Accrual Type option.
Note: Know Bug: Only select Asset, Liability, Equity, Expense, or Income.
DO NOT select Cost of Goods or Miscellaneous Expense.
Optional: Specify an Accrual Sub Type option.
See the Create G/L Sub Types article for more information.Select a Division option.
Specify a value in the Segment 3, 4, and 5 fields. The title and length requirements of these fields are defined by the G/L Account Format.
Optional: Specify an option in the Year-End field. This option is only valid Income & Expense Accrual Type G/L Accounts.
Optional: Specify a X-Ref TO Old G/L Account No. value if you are moving from an old system where activity will need to be migrated into Aeros ERP.
Optional: Check any desired options under the Post to G/L in Detail From section.
Optional: Check any desired options under the Control section.
Note: Generally the only option selected here is the G/L Control Account option which is used for key accounts such as Payables, Receivables, Sales, Inventory, etc... Please contact your Implementation Specialist or Customer Support for further assistance.Optional: Check any desired options under the Ability to Post Form section.
Note: This option is asking "Can this G/L account be used for Voucher lines?" or "Can this G/L account be used for Invoice lines?" If neither are checked, it is basically stating that this G/L account can only be used for Journal Entries.Click Save.