Account Category Codes (09/01–43)

You can combine object accounts into groups for financial reporting purposes. For each group, you set up an account category code in UDC table 09/01–43. These codes describe your organizational structure for higher level or selective reporting.

Account category codes are commonly used to provide a second chart of accounts. For example, you might need a chart of regulatory accounts for government reporting as well as your internal chart of accounts. The system provides 43 category codes; 23 of them can accommodate secondary account numbers.

Depending on the number of characters needed for accounts:

• Use types 01–20 for 3-character codes.

• Use types 21–43 for 10-character codes.

  Some countries use the 10-character category codes for statutory reporting. (CHL and PERU) Chili and Peru use category codes 21–23 for statutory reporting.

Account category codes are stored in the Account Master table (F0901).