Account Classes

• Legislation (field LEG)

Attachment legislation of the account classes.
This information is taken into consideration when creating a chart of accounts in order to link the chart (that is itself not necessarily linked to a legislation) with account classes, depending on their attachment legislation.

• Code (field CLSCOD)

Enter the account class, which is composed of one to ten alphanumeric characters. This is the account class associated by default with the current chart of accounts. This value is taken by default from the chart of accounts setup.

It is used to specify:

• The behavior of the closing process with respect to the account (CFE or not)
• The sign of the account balance in the various reports and inquiries for the analytical accounts

The subdivision into classes enables the off-balance sheet accounts to be distinguished from the others.

• Description (field DESTRA)

Standard title of the current record.

• Category type (field TYP)

The possible account categories are:

• Standard:
• Off-budget: the "off-budget" account are necessarily used for a similar posting (via the journal type setup). A off-budget type posting only includes off-budget type accounts.
• Not used: no account from this category can be created.

• Carryfwd. (field ERA)

Carry forward amount: flag specifying if the accounts are reinitialized when the fiscal year end processing is run:

• Yes: The carry-forward amount is carried to the following fiscal year, either in a simulated manner if the fiscal year under progress is not closed, or via the carry-forward entry when starting the fiscal year closure.
• No: The closing of the accounts is globalized in the results of the following fiscal year, either in a simulated manner if the fiscal year under progress is not closed, or via the carry-forward entry when starting the fiscal year closure.

• Default sign (field DEFSNS)

It is possible to define the default sense of the account. It is proposed by default upon creation of an account.
This information automatically positions the cursor in the "debit" or "credit" column of the posting entry mask.

• Analytical sign (field SNSANA)

The analytical sense determines the sign/sense of the balance that should be given to the accounts contained in the selected class of accounts. This information is used in the analytical inquiries and prints.