Use Company Divisions to group asset and liability accounts.
COMPANY DIVISION BASICS
Entering Company Divisions | Data Fields | Using Lists | Using
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Entering Company Divisions
To enter a Company Division, follow these steps:
- Choose Account Groups from the Options menu, then choose Company Divisions from the submenu.
- Click the New button, or click on an existing item and click the Edit button.
- Enter details for the company division.
Enter the following information for each Company Division:
Name-- Type in a brief name for this division. This is the text
that will appear in clairvoyant fields.
Description-- Type in any comments you'd like to make about
Category System-- Enter the category system that is used for
accounts that use this company division.
Overhead Account-- Enter the overhead account that is used for
overhead costs in this company division.
Using Company Divisions
Assign a Company Division to each asset account and liability
You can use Company Divisions as a breakdown when you create Reports.
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