When creating aG/L Groups,
- For your Balance Sheet, create a group called "Income Summary" or "Income Statement" that includes all of the G/L Accounts on your Income Statement. Income Statement accounts are any accounts with a G/L number that is greater than the G/L number of the P&L Break Account.
- If you have a Multi-Branch Setup and are using G/L Suffixes, create additional G/L Groups for each branch. You can use these groups to create separate Income Statement reports.
You can add or remove G/L Accounts to groups in the G/L Groups screen or the G/L Account screen.
- Navigate to Accounting > General Ledger > G/L Group.
- To view any of the default groups, in the G/L Group box, click
and choose one. All accounts belonging to that group appear in the G/L Accounts list below.
- To view details on any account, click the account link in this list.
- To create a G/L Group, click New.
- In the Description box, type a name for the G/L group, and then press the Tab key.
- In the G/L Account list, click Add G/L Account.
- In the new row that appears in the G/L Account table, click
and select an account. Repeat for each account that will belong to this group.
- To flag a group as a revenue group, thereby enabling you to . use the % REV heading in the Financial Reports section of the General Ledger Inquiry screen, click Edit, and then select the Revenue Group check box.
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To display summary information for this group when it is included in a report, select the Summary check box.
- Click Save.