Valid Combinations of Account Types and Dependent Properties

Account Type

Time Balance

Variance Reporting

Purpose

Revenue

Flow

Non-Expense

Source of income

Expense

Flow

Expense

Cost of doing business

Asset

Balance

Non-Expense

Company resource

Liability and Equity

Balance

Non-Expense

Residual interest or obligation to creditors

Saved Assumption

User-defined

User-defined

Centralized planning assumptions to ensure consistency across an application