About Statistical Accounts

Statistical accounts are used to track non-financial, that is, non-monetary, amounts over a period of time.

You can use the information from statistical accounts to compare non-financial data to related financial data - for example, compare Shipping Expenses to Quantity Shipped in each shipping department - in order to control costs or measure productivity.

You can also use statistical accounts to track periodic changes in non-financial data, and to allocate and distribute expenses based on that variable data.

Note: You can only use statistical accounts within the Chart of Accounts form and the Chart of Accounts Budget and Plan form, where they are maintained.