Financial Accounts

Financial Account Code/ID

Text (50)

Required

Unique code/id to describe Financial Account.

Financial Account Description

Text (50)

Optional

Description of Financial Account.

Beginning Balance

Currency

Optional

Use the base currency of the GL. This is used to determine the ending balance by adding the sum of all transaction amounts.

Category

Text (255)

Optional

Categorizes the financial account. It may be a simple name or a hierarchy (like: "Root\Department\Team\Region").