G/L Accounts codes are short names or abbreviations that point to a more detailed account or account mask.

Users less familiar with accounting systems and general ledger accounts usually find G/L account codes simpler to work with than account numbers.

G/L Accounts data is stored in the P2K_CM_GL_ACCOUNTS table.

G/L Company

This field identifies the GL company for which the GL Account Codes are being defined. GL_Company_Code is a 16-character alphanumeric mandatory field you must manually enter or use the LOV (F9) to choose their option.

G/L Account

This field 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. GL_Account_Code is a 16 character alphanumeric mandatory field you must manually enter.

Accounting Information#

Description

This field shows the user defined description of the purpose of the account. Description is a 50 character alphanumeric optional field you may manually enter.

Journal Type

This field indicates that the GL account code posts to either a financial or a statistical journal. Journal_Type is a mandatory fixed lexicon (X_JOURNAL_TYPE)

Account Type

This field catagorizes the account into a specific type. Account type is used for sorting and query purposes. Asset, Liability (CR), Equity, Revenue, or Expense (DR) Most accounts will be Liability (CR) or Expense (DR). Account_Type is a mandatory fixed lexicon (X_ACCOUNT_TYPE)

Account Usage

Indicates the purpose of the account, for example, as an expense, liability, clearing or other special type of account.