Type |
Abbreviation of Description. |
Description
|
This is the sort of accounts that are in this type, such as Cash, etc.
|
Low Limit/Lower Range Limit
|
This is the lowest account number (1st 7 digits is account, next 2 digits is Division, last two digits is Department), so you’d pencil in 1000000-00-00 for the lowest range for Cash, for example.
|
High Limit/Upper Range Limit
|
This is highest account number (1st 7 digits is account, next 2 digits is Division, last two digits is Department), so you’d pencil in 1199999-00-00 for the highest range for Cash, for example.
|
Normal Balance |
Select whether this account is a Debit or Credit from the pull down. |
Statement
|
Select whether this account type is a Balance Sheet or an Income Statement from the pull down.
|
Page
|
Enter the page number you want the account to print out on the reports. This is normally set as 1.
|
Note
|
This is for any notes you want to enter regarding the account range.
|