G/L Offset (general ledger offset)

Enter a code that determines the trade account that the system uses as the offset when you post invoices or vouchers. To locate the trade account, the system concatenates the value that you enter to AAI item RC or PC. For example, if you enter TRAD, the system searches for AAI item RCTRAD (receivables) or PCTRAD (payables).

You can assign up to four alphanumeric characters to represent the general ledger offset or you can assign the three-character currency code if you enter multiple currency transactions. You must, however, set up the corresponding AAI item for the system to use; otherwise, the system ignores the general ledger offset and uses the account that is set up for AAI item PC or RC for the company specified.

If you set up a default value in the G/L Offset field of the customer or supplier record, the system uses the value during transaction entry unless you override it.

Do not use code 9999. It is reserved for the post program and indicates that offsets should not be created.