Setting Up General Ledger to Use Account Groups

Sage 300 ERP uses account groups to classify account balances:

• On the financial statements that come with Financial Reporter.
• In the Income Statement and Balance Sheet snapshots that you view in the Sage 300 ERP portal.

For more information about group categories, see About Account Groups.

To set up General Ledger to use account groups:

1. Select the option to use account groups in General Ledger. More...
   1. Open General Ledger > G/L Setup >  Options.
   2. On the Account tab, select the Use Account Groups option.

2. If you plan to use the Income Statement or Balance Sheet snapshots, ensure that group categories are assigned to all account groups. More...

   You assign categories using the Account Groups screen. For more information, see Adding Account Groups.

3. Assign each General Ledger account to an account group. More...

   You use the G/L Accounts screen to assign accounts individually to account groups.

   You can use the Other account group for accounts that you want to exclude from your balance sheet and income statement.

   You can use the Unclassified account group if you don't want to specify an account group whenever you create an account. (The default sort code for the Unclassified Account Group is ZZZZZZZZZZZZ, but the group code is blank.)

   If you do not use account groups, the program assigns accounts to the Unclassified account group, internally.

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