Chargebacks › General Ledger Accounts › Edit GL Accounts

Edit GL Accounts

You can delete a GL account not referenced by any cost plan or transaction.

Follow these steps:

1. Open the GL account by clicking the Natural Account Code link.

   The GL account properties appear.

2. Edit the following fields:

   Main Account ID

   Defines the first part of the natural account number.

   Sub Account ID

   Defines the second part of the natural account number.

   Entity

   Defines the entity associated with the GL account.

   Account Description

   Defines the account description.

   Account Class

   Defines the account class.

   Values:

   • Balance Sheet
   • Profit and Loss

   Account Type

   Defines the account type used for classifying accounts.

   Values:

   • Asset
   • Liability
   • Income
   • Expense

   Is Active

   Indicates if this account is active and available for assigning to cost plans.

   Overhead

   Indicates if this account is used to charge any costs to designated departments. If selected, be sure to create overhead rules.

   Capital Expense

   Indicates if this account is used for capital expense.

   Noncash Expense

   Indicates if this account is used for noncash expense.

3. Save the changes.

More information:

General Ledger Accounts

Create GL Accounts