Account Class

Use this field to assign an account class to an account. Account classes are not required, but they can be used by financial reporting tools if desired.

This table shows the default values for this field, depending on the account type, when you upgrade or migrate from a version before 8.02 to 8.02 or later:

Account Type	Default Account Class
Asset	Current Assets
Liability	Current Liabilities
Owner's Equity	Equity
Revenue	Revenue
Expense	Operating Expense
Any other value	Blank