Account Type Behavior

The following table describes how account types behave in the system. For example, ASSET accounts do not total across periods, and REVENUE accounts provide year-to-date totals. If you debit an ASSET account, the value that you enter is added to the account. If you credit an ASSET account, the value that you enter is subtracted from the account. All account types, except GROUPLABEL, contain data.

Table 26. Account Type Behavior

Account Type	Account-Type Behavior
	YTD Total	Debit	Credit	Default Translation
ASSET	No	Add	Sub	DefaultRateForBalance Accounts
LIABILITY	No	Sub	Add	DefaultRateForBalance Accounts
REVENUE	Yes	Sub	Add	DefaultRateForFlow Accounts
EXPENSE	Yes	Add	Sub	DefaultRateForFlow Accounts
FLOW	Yes	Add	Sub	None
BALANCE	No	Add	Sub	None
BALANCE RECURRING	No	Add	Sub	None
CURRENCYRATE	No	N/A	N/A	N/A
GROUPLABEL	N/A	N/A	N/A	N/A
DYNAMIC	N/A	N/A	N/A	N/A

Different account types behave differently when consolidated into different types of parent accounts. For example ASSET account values are added into parent ASSET and EXPENSE accounts and subtracted from parent LIABILITY and REVENUE accounts.

Note:

The account types across the top of the table are identified by the first one or two letters of the account type.

Table 27. Account Type Behaviors During Aggregation into Parent Accounts

	Account-Type Behavior Per Type of Parent Account
Type	A	L	R	E	F	B	BR	C	G	D
ASSET	Add	Sub	Sub	Add	Add	Add	Add	No	No	No
LIABILITY	Sub	Add	Add	Sub	Add	Add	Add	No	No	No
REVENUE	Sub	Add	Add	Sub	Add	Add	Add	No	No	No
EXPENSE	Add	Sub	Sub	Add	Add	Add	Add	No	No	No
FLOW	Add	Add	Add	Add	Add	Add	Add	No	No	No
BALANCE	Add	Add	Add	Add	Add	Add	Add	No	No	No
BALANCE RECURRING	Add	Add	Add	Add	Add	Add	Add	No	No	No
CURRENCYRATE	No	No	No	No	No	No	No	No	No	No
GROUPLABEL	No	No	No	No	No	No	No	No	No	No
DYNAMIC	No	No	No	No	No	No	No	No	No	No

Note:

In this table, No indicates that the account type is not aggregated into the parent account.

Example of how account types are aggregated into parent accounts:

In this example, Total Assets, an ASSET account, is the parent of Fixed Assets (an ASSET account) and Amortization (a LIABILITY account). When accounts are consolidated into the parent account, the Fixed Assets value of 100 is added, the Amortization value of 20 is subtracted, and the resulting value for Total Assets is 80.