Specifying company-related accounts for general ledgers

For types of companies that use payment, you can specify default general ledger accounts for company-related accounts.

The accounts include accounts received but not invoiced, account payable suspense, and accounts payable control account. The accounts are based on company types that are specified in the Companies application.
  1. In the Chart of Accounts application, select the organization for which you want to specify company-related accounts.
  2. Select the Company Related Accounts action.
  3. In the Company Related Accounts window, click New Row.
    You can add a new row only if there is an enterprise type that has not yet been associated with general ledger accounts.
  4. Specify a type, received but not invoiced account information, accounts payable suspense account information, and accounts payable control account information.
  5. Click OK.