JDE Techie
Active Member
Hi,
I would like to know how we can determine the asset and expense accounts in a system .
This is what I have tried to do
I go to AAI(Automatic Accounting Instructions) and then I try to determine which are the expense and asset accounts .
Basically being a technical guy, I am searching for the words "asset" or "expense" but I am not able to get much info ..
Searching for more info , I found that
In the General Accounting system:
The x suffix on a three-character AAI item, such as GLG1, GLG2, and GLG3, identifies general purpose accounts, beginning assets, and beginning liabilities, respectively, in the chart of accounts.
I seached that in my set up and found that GLG2 and GLG3 were set up for company 00000 but not for other companies and they were being mentiined as "Beginning assets" and "Beginning Libailities" but no where it was mentioned as " Ending assets" etc...
I have the following quesitons :
a) If the system cannot find an AAI for a specific company, then what is the way forward
b) How to get the complete set of asset and expense/liabilities accounts in the system.
Regards,
Josh
I would like to know how we can determine the asset and expense accounts in a system .
This is what I have tried to do
I go to AAI(Automatic Accounting Instructions) and then I try to determine which are the expense and asset accounts .
Basically being a technical guy, I am searching for the words "asset" or "expense" but I am not able to get much info ..
Searching for more info , I found that
In the General Accounting system:
The x suffix on a three-character AAI item, such as GLG1, GLG2, and GLG3, identifies general purpose accounts, beginning assets, and beginning liabilities, respectively, in the chart of accounts.
I seached that in my set up and found that GLG2 and GLG3 were set up for company 00000 but not for other companies and they were being mentiined as "Beginning assets" and "Beginning Libailities" but no where it was mentioned as " Ending assets" etc...
I have the following quesitons :
a) If the system cannot find an AAI for a specific company, then what is the way forward
b) How to get the complete set of asset and expense/liabilities accounts in the system.
Regards,
Josh