Balance Classifications can be used to group G/L Accounts together.
The classifications can then be used in different balance schedules.
Fields
Code
Specifies the code for the classification.
Description
Specifies a description for the classification.
No. of G/L Accounts
Specifies the number of assigned G/L Accounts of the classification.
Actions
Add G/L Accounts
Adds selected G/L Accounts to the classification.
Note
Only G/L Accounts of the type Posting are transferred.
Assigned G/L Accounts
View or set up the G/L Accounts assigned to the classification.
Note
If you set the Show Opposite Signfield on an assigned G/L Account, balances with negative signs are displayed as positive (and vice versa balances with positive signs as negative).
Check Classification Assignments
Checks which G/L Accounts are assigned to which Balance Classifications and which G/L Accounts have not yet been assigned to a Balance Classification. A report request window opens where you can specify what to include on the print-out.
For more information, see Setup, Check Balance Classification Assignments.