Account classes (GL202000)

By using this window, you can create new account classes and maintain the list of account classes in the system.
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By using this window, you can create new account classes and maintain the list of account classes in the system.

There is no specific logic associated with account classes; these user-defined classes are used as properties of general ledger accounts for convenient grouping, sorting, and filtering of information associated with general ledger accounts in reports and inquiries.

For example: Liability accounts can be divided into several classes, such as the following:

  • Current liabilities, Supplier ledger
  • Current liabilities, Wages payable
  • Current liabilities, Interest payable
  • Long-term liabilities, Bonds payable
  • Long-term liabilities, Mortgage loan payable

The table

ColumnDescription
Account class IDAn alphanumeric string of up to 10 characters identifying the account class. Follow appropriate internal agreements before naming account classes; the ID cannot be changed in the future.
TypeThe type of the accounts in this class, which is one of the following four types: Asset, Liability, Income, or Expense.
Description

A description of the account class. An alphanumeric string of up to 30 characters may be used.

> [!NOTE] > This field supports the multi-language functionality, where you can translate the entered text to multiple languages. For more information, see: About multi-language support

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Last modified February 19, 2026