Sequence of components in a general ledger account code

Account components display in a sequential format, with the first component in the string representing the highest level.

Example

For example, the MAXDEMO database includes the following component sequence:

  • Component 1 is for cost center
  • Component 2 is for activity
  • Component 3 is for resource
  • Component 4 is for element
Since account components are concatenated, with the highest level at the beginning, account 6100-350-SAF is represented as:
Table 1. General Ledger account component sequence
Component 1 Component 2 Component 3 Component 4
6100 350 SAF (not used)
Cost center Activity Resource Element