Sales Class Accounts (BL05.1)

Use Sales Class Accounts (BL05.1) to assign general ledger accounts to process levels and sales class combinations.

Processing Effect

General ledger accounts for sales and cost of goods sold are controlled at the sales class level. The accounts defined on this form are used to post sales of inventory and nonstock items. Default accounts for special order items will default from the process level.

More Information

Before you can use sales classes in the Billing application, you must define and assign them to items in the Inventory Control application. You can assign a target profit margin and a hold code to place on lines when this profit margin has not been met for the sales class.