General ledger account codes

If you track records and transactions with general ledger account codes, consider how you use general ledger accounts when you create location records and asset records and their hierarchies and systems.

You can assign general ledger accounts to location records, to asset records, or to both. On records or transactions where you specify both a location and an asset identifier, such as a work order, the general ledger accounts of the asset and the location are merged, with general ledger components in the asset taking precedence over general ledger components in the location. This applies if you have general ledger accounts for both types of records. If you specify account codes for both locations and assets, use one component for the location, and another component for the asset.