Account categories (AC/BR)

Account categories provide a way to break down costs and revenues in activities. Every transaction involving Project Accounting, including those specified in other Lawson applications and those interfaced from non-Lawson systems, must contain a posting activity and an account category.

Activity actuals, commitments, and budgets are stored in activities by account category. You can report on account categories across multiple activities. For example, you can use a Labor account category to see labor costs for all the activities across one or more activity groups.

You can have as many account categories as you want. You can build a library of account categories that you can use anywhere in Project Accounting. This diagram shows how account categories fit into the activity structure: