General Ledger Category (IC04.1)

Use General Ledger Category (IC04.1) to define general ledger categories by company location.

Before you can set up general ledger categories, you must define general ledger accounts in the General Ledger application. You must assign a general ledger category to each item location record you set up in IC12.1 (Item Location) or IC10.2 (Item Master and Location).

General ledger categories specify the inventory and offset general ledger accounts to post inventory transactions such as issues, receipts, and adjustments. If multiple company locations exist, a unique general ledger category can be set up for each location.