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Volume 1 / Accounting Module
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New GL Account
Accounting · GL Accounts
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GL ACCOUNT CODE
1013
GL ACCOUNT NAME
e.g. Petty Cash — Field Office
GL ACCOUNT TYPE
Asset
Liability
Equity
Revenue
Expense
Custom
Asset
— something the business owns. Increases with a debit.
PREVIEW — HOW THIS APPEARS IN THE LIST
1013
Petty Cash — Field Office
Asset
PARENT GL ACCOUNT
1000 · Assets
CURRENCY
USD
REQUIRE ON EVERY POSTING
Customer
Vendor
Project
Asset
Cost Center
WPS
DESCRIPTION
Optional notes about how this GL account is used…
Normal Balance: Debit
Asset accounts increase with a debit.
NUMBERING GUIDE
1xxx
Assets
2xxx
Liabilities
3xxx
Equity
4xxx
Revenue
5xxx
Expenses
Allow Manual Entries
Active
Create GL Account