Field help (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.