Skip to Content
0
Former Member
Apr 28, 2009 at 08:46 AM

Item category in new GL

723 Views

Hi,

Can anyone please clarify what the item category does in case of new GL accounting.

Suppose we have various item categories 20000, 30000,01000. What is the fucntion of each item category.

Suppose for revenue account, if I assign item category 20000(expense) what is the impact. Suppose for balance sheet accounts if I assign 30000(revenue), what is the impact.

Please let me know.

Thanks

Aravind