Using the Chart of Accounts application
In the Chart of Accounts application, you can set up organization-specific GL accounts and resource codes for standard accounting functions. You create accounts and resource codes to correspond with accounts that you use in your external accounting system. You can also set up financial periods, and specify general validation options.
You use the Chart of Accounts application to identify GL accounts. By using the GL Account Configuration action in the Database Configuration application, you can configure the application to use the GL accounts in your external financial system. Using the same account structure, the application can work interactively with your external financial system.
To ensure that your system represents your external financial system GL accounts properly, check the Chart of Accounts application.