Account
The Account file stores the general ledger accounts that are used to create
journal entries when assets are processed (added, adjusted, transferred, and
disposed of) for an account group or for an asset type. Each account record
defines one general ledger account for an account group or an asset type
record.
UPDATED BY
| FIELD NAME | DESCRIPTION/VALID VALUES | UPDATED BY |
|---|---|---|
| AAC-COMPANY Element: Company | Numeric 4 The general ledger company number used for posting journal entries for the account. |
|
| AAC-ACCT-GRP Element: Account Group | Alpha 10 If the account is defined for an account group, this field identifies the account group. Account groups are user-defined and identify the general ledger proceeds, clearing, gain, loss, and expense accounts that are used to create journal entries when assets are processed (added, adjusted, transferred, or disposed of). |
|
| AAC-ASSET-TYPE Element: Asset Type | Alpha 10 If the account is defined for an asset type, this field identifies the asset type. An asset type represents a grouping of like assets. Asset types are used to group assets into reporting classes and to default common asset definition data. The account record represents a general ledger asset, accumulated depreciation, or depreciation expense account for the asset type. |
|
| AAC-SUB-TYPE Element: Asset Subtype | Alpha 10 If the account is defined for an asset subtype, this field identifies the asset subtype. An asset subtype represents a more detailed grouping of assets within an asset type. Asset subtypes are used to group assets into reporting classes and allow common asset definition data to default. |
|
| AAC-ACCT-TYPE Element: Account Type | Alpha 3 This field identifies the type of account. Valid values for accounts associated with an account group are: PRO = Proceeds GAN = Gain LOS = Loss CLR = Clearing COS = Disposal Expense DGN = Deferred Gain DLS = Deferred Loss Valid values for an account associated with an asset type are: AST = Asset ACM = Accumulated Depreciation EXP = Depreciation Expense |
|
| AAC-ASSET-EVENT Element: All Flag | Alpha 1 1 = Additions 2 = Adjustments 3 = Transfers 4 = Disposals 5 = Re-instatements |
|
| AAC-ACCOUNT Element: Account | Numeric 6 This is the account number used for creating journal entries for an asset. This field, along with the accounting unit and subaccount, make up the location (account) where amounts and other account information are stored. |
|
| AAC-SUB-ACCT Element: Subaccount | Numeric 4 If you are using subaccounts, this field contains the subaccount number used for creating journal entries for an asset. |
|
| AAC-ACTIVITY Element: Activity | Alpha 15 This is the activity associated with the account. Activities are the processes or procedures that produce work. Cost objects (products, services, customers, and so on) are the reasons for performing the activity. Activities and cost object activities are used synonymously in the Lawson Activity Management system. Direct costs are posted to activities, and indirect costs are allocated to activities based on activity drivers. Activities are grouped or organized by activity levels. There are two types of activities: "posting allowed" and "summary only." Use posting level activities to budget and maintain all posted transactions. Summary activities or macro activities combine information and balances from lower level activities for reporting and inquiries. |
|
| AAC-ACCT-CATEGORY Element: Account Category | Alpha 5 This is the account category associated with the account. Account categories are groupings of costs, revenues, or a combination of both used for reporting and inquiries for activities in the Activity Management system. All transactions are posted to an account category within an activity. You can assign a specific General Ledger account or range of accounts (company, accounting unit, account, and subaccount) that make up the transactions posted to an account category using AC07.1 (Account Assignment). |
| NAME | KEY FIELDS | DESCRIPTION / SUBSET CONDITION | USED IN | ||||||
|---|---|---|---|---|---|---|---|---|---|
| AACSET1 |
COMPANY ACCT-GRP ASSET-TYPE SUB-TYPE ACCT-TYPE ASSET-EVENT |
|
|||||||
All trademarks and registered trademarks are the property of their
respective owners.