GL_ACCOUNT_CODE is a 16 character alphanumeric mandatory field which provides the name or abbreviation for a general ledger account that uniquely identifies it to the organization.

G/L account codes include items such as expense accounts for labor, salary, wages, benefits, payroll taxes, and fringe costs, liability accounts for taxes, benefits, and other sundry liabilities, and payroll clearing accounts, bank accounts, suspense accounts, etc.