Object.Subsidiary - The What

The object.subsidiary represents what type of transaction is being created, such as rent or supplies expense and sales revenue. An object is a description of the transaction and a subsidiary is an expanded description of the object account.

These characteristics apply to the object.subsidiary:

• An object can be up to six alphanumeric characters, depending on your organization's setup

• A subsidiary is optional and can be up to eight alphanumeric characters (no spaces)

The object, or major, account is required for transaction entry. All object accounts must be the same length. To make data entry easier and faster, you might want to use only numbers for the object account.

The subsidiary, or minor, account is an optional part of the account. Use the subsidiary when you need detailed accounting activity for an object account.

This example shows how you can associate the object account 1110 for Cash in Bank with several subsidiary accounts:

• 1110.BEAR (Bear Creek National Bank)

• 1110.FIB (First Interstate Bank)

• 1110.FRANCE (First Bank of France)

• 1110.LONDON (First Bank of London)