Creating AP Accrual Accounts

Owned by Steve W. Smith [X] (Unlicensed)
10 19, 2018

Issue/Symptom/Question

Where can I find the set up of the TYPE of accrual accounts? I have set up the account numbers but if I want to add more types, (for example: PTO type), where do I go?

Applies To

PENTA for Windows

Finance & Accounting>Setup>Accounts>Chart of Accounts

Resolution/Fix/Answer

There really is no accrual account type attribute in PENTA

Some people group similar accrual accounts in their Chart of Accounts based on the number scheme they choose, eg; Payroll Tax Accruals are 2500-2599 & PTO Accruals are 2600-2699

Within the Financial Statement you can group ANY GL accounts together in any row on the Financial Statement so the number scheme does not really matterÂ