Built-In General Ledger Accounts
Audience: Administrators who manage the model.
These general ledger accounts come with your instance. They're built in to follow common general ledger hierarchies.
You can edit most of the settings, but you can't:
- Delete the account.
- Change the account's rollup account.
- Change the account's Type setting.
See Accounts Overview and Accounts Interface Tour.
Identify a Built-In General Ledger Account
You can identify built-in general ledger accounts because two of the fields are read-only:
- Rolls up to
- Type
List of Built-in General Ledger Accounts
The names of the accounts may have been changed in your instance, but the rollup indicated in the Type keeps the original name.
| Account Name | Locked Account Settings: |
|---|---|
|
Assets |
Root account. Rolls up to: None. Type: cumulative. Balance type: Debit |
| Liabilities and Equities |
Root account. Rolls up to: None. Type: cumulative. Balance type: Credit |
|
Net Income Income (or Revenue) Non-Operating Income |
Root account. Rolls up to: None. Type: periodic. Balance type: Credit |
|
Cost of Goods Sold Expenses Non-Operating Expenses |
Root account. Rolls up to: None. Type: periodic. Balance type: Debit |
|
Current Assets Fixed Assets Long Term Assets Other Assets |
Rolls up to: Assets. Type: cumulative Balance type: Debit |
|
Liabilities Equities |
Rolls up to: Liabilities and Equities Type: cumulative Balance type: Credit |
|
Current Liabilities Long Term Liabilities |
Rolls up to: Liabilities Type: cumulative Balance type: Credit |
|
Retained Earnings YTD Earnings(Loss) |
Rolls up to: Equity Type: cumulative Balance type: Credit |