AC05.1
AC05.1 - Account Categories

Use Account Categories (AC05.1) to define and maintain account categories. Account categories provide a way to break down costs and revenues inactivities. Every transaction involving Project Accounting (including those entered in other Lawson applications and those interfaced from non-Lawson systems) must contain a posting activity and an account category. Activity actuals, commitments, and budgets are stored in activities byaccount category. You can report on account categories across multiple activities. For example, you might use a Labor account category to see labor costs for all the activities across one or more activity groups. Account categories are required in activity transactions. Account categories break down costs and revenues in activities. After you define account categories, you can assign them to an accountcategory structure, and to specific activity groups or activities. **More Information Use the Main tab to define a name or number for an account category, adescription of that account category, and select the type or category (revenue, cost, accrual, pass thru). Use the Error Suspense tab to select the account category you want todesignate as the error suspense account category. This account category is used to store invalid journal entries or posting errors.

Updated Files
ACACCTCAT - No Description Available.



Referenced Files
ACCATREL - No Description Available.
ACCATSUM - No Description Available.
ACCATSUMX - No Description Available.
ACMASTER - No Description Available.






File created: Thu Jun 09 02:03:25 2016

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