Summary account categories
Summary account categories are used for reporting and inquiry. They determine the appearance of headings and totals on reports. Each summary account category has a name, description, type, and depth. The depth indicates the category's position in the category structure.
Example
This example shows summary account categories from part of an account category structure. The Costs account category is a summary of account category balances for the Direct Costs and Indirect Costs account categories.
| Summary account category | Description | Depth | Type |
|---|---|---|---|
| COSTS | Costs | 1 | C |
| DIRECT | Direct Costs | 2 | C |
| INDIRECT | Indirect Costs | 2 | C |
| REVENUE | Revenue | 1 | R |
Account category depth levels
Each summary account category must be assigned a depth level when it is assigned to an account category structure. The depth level indicates the account category's relative position in the structure and is used for roll-up purposes in reporting. A depth of 1 usually corresponds to an account category type. For example, you would have only one cost type account category with a depth of 1. Any other cost type summary account categories would have a depth of 2 or more, and would roll up into the account category with a depth of 1.