Account Types

Use account types to group accounts together for financial reports such as the Cash Flow Statement. Each account type has an account class and balance type associated with it. The class is the general category such as long-term asset, current asset, and cash. The balance type specifies whether the account is a debit, credit, or memo account.

Several account types have a description of Other. To accommodate special needs, these account types can be included when you set up the Cash Flow Statement.

You cannot add a new account type or delete existing account types, but you can change an account type description.

Editing the Account Type

1. Select a description to edit from the Type Description field.
2. Close the screen to save any changes made to the account class.

Produce an Account Type List

Print the Account Type List to view and verify the account types available to you in the Setup and Maintenance Account Types function.

1. Select the print preview button () to preview the list. This is only applicable in the Filter view.
2. The preview report screen appears.
3. Select the print button ( ) in the toolbar to print your list.