Enum "G/L Account Category"
Primary financial statement categories for general ledger accounts used in automated financial reporting. Determines whether accounts appear on Balance Sheet or Income Statement and their reporting classification.
Properties
| Name | Value |
|---|---|
| Extensible | False |
| AssignmentCompatibility | True |
Values
| Name | Description |
|---|---|
| " " |
Unspecified category for accounts that have not been classified. |
| Assets |
Balance sheet category for accounts representing resources owned by the organization. |
| Liabilities |
Balance sheet category for accounts representing debts and obligations owed by the organization. |
| Equity |
Balance sheet category for accounts representing owner's equity and retained earnings. |
| Income |
Income statement category for accounts representing revenue and sales income. |
| "Cost of Goods Sold" |
Income statement category for accounts representing direct costs associated with producing goods sold. |
| Expense |
Income statement category for accounts representing operating expenses and overhead costs. |