Account Groups

Account Groups: Grouping or putting of same type and nature of accounts under one name or account is called account group. Account group determines which field you can configure on the GL master record. It is necessary to have at least two one for B/S and another one for P&L acct.

1. Number range intervals

2. Fields that are required to be entered while creating GL master. There are

                        Account Control

                        Account Management

                        Document entry

                        Bank/interest/details

                        Interest Calculation

                        Joint Venture.