Defining General Ledger Codes

During this procedure, you will decide how payments, cash applications, and finance charges will appear in the general ledger.

To define general ledger account codes

  1. Access Company (AR01.1), GL tab.
    Note: Once the company is added, you can change the GL account codes on this form for future defaulting, but the codes must be defined in GL Codes (AR15.7) first. All maintenance must be done on AR15.7.
  2. In the GL Account Codes area of the form, define general ledger codes used for accounts receivable processing and their corresponding general ledger accounts. The codes you define on this form will automatically update GL Code (AR15.7) and can be maintained there. These codes are used for defaulting during Process Level setup.
  3. In the Accrual GL Interface area of the form, select how payments, cash applications, and finance charges should be interfaced to the General Ledger.

    Select Yes to interface individual detail records. Select No to create one summary record.