Account Groups

In This Topic

Menu Code: ACG
Accounting/Finance - Support

Accounts groups are used in Financial Reporting and to control which accounts can be used in various business processes. An account can only be assigned to one group. Account Groups are pre-configured in the default FOURA Chart of Accounts. You should only need to change the assigned account groups when you add additional accounts or if you are using your own Chart of Accounts.

Usage

Caution: Do not change or delete the pre-defined Account Groups listed below. These are required to support the indicated processes.

The following account groups have specific uses in FOURA:

Group	Description	Usage
Asset	Capital Asset	Company Assets Sweep process to pull new Asset transactions. Inventory Issue transaction - can only issue to accounts of type Expense or group Asset. Purchase Order Entry and AP Invoice Entry during validation - split lines cannot use Asset accounts. Receipt Entry to set the Is Asset checkbox. Cash Flow Report calculation for Asset Loss and Asset Purchase amounts.
AP	Accounts Payable	AP Invoice Entry - list of AP Accounts.
AR	Account Receivable	Sales Invoice list of AR Accounts. Cash Entry release workflow - lines to AR accounts will create allocation records when the entry is released that can be allocated in the Cash Allocation form.
BadD	Bad Debt Expense	Cash Flow Report calculation for Bad Debt amount.
Cash	Cash	Cash Entry list of cash accounts. Bank Accounts list of cash accounts.
CashA	Cash from Asset Sales	Cash Flow Report calculation for Asset Sales amount
Dep	Asset Depreciation	Chart of Accounts list of valid depreciation accounts. Cash Flow Report calculations for Asset Loss and Asset Depreciation amounts.
DepEx	Depreciation Expense	Chart of Accounts list of valid depreciation expense accounts.
DivP	Dividends Paid	Cash Flow Report calculation for Dividends Paid amount.
Earn	Retained Earnings	Year-end Closing list of retained earnings accounts.
FrtEx	Freight Expense	Inventory Transfer list of freight expense accounts.
Inv	Inventory	Purchase Order Entry and AP Invoice Entry during validation - split lines cannot use Inventory accounts and lines using Inventory accounts must include a Part Number. Receipt Entry to set the Is Inventory checkbox.
Land	Land	Cash Flow Report calculation for Asset Loss and Asset Purchase amounts
PayRl	Payroll	Employee Entry list of payroll accounts
PrRev	Project Revenue Recognition	Project orders tab - any sales order lines to PrRev accounts will be used to calculate the revenue at completion and will be displayed on the project orders tab.

Columns

Index	Visible	Field Name	Caption	Usage / Description
0	Yes	Group	Group	Account Group Code
1	Yes	Description	Description	Account Group Description

Security

The following default roles can use this form:

Role	Allowed Actions
rl_Accounting	View
rl_FinRead	View
rl_Setup	View and Edit
rl_User	View

Finance

Financial Reporting

Form Types

Support Form