Previous  Next          Contents  Index  Navigation  Glossary  Library

Balancing Segment

When you define an account, you must make one of the segments a balancing segment. The system ensures that journal entries are balanced--debits equal credits--for each value of the balancing segment. You should make the company segment the balancing segment, so that journal entries always balance by company.


         Previous  Next          Contents  Index  Navigation  Glossary  Library