Level of Detail

You determine the level of detail of your chart of accounts for electronic accounting reporting when you associate them to the referential chart of accounts using grouping codes. You can use many levels defining parent-child relationships between the accounts.

Despite the amount of levels that you define using grouping codes, you can use processing options to determine how many levels of detail the system includes in the output XML file that the Chart of Accounts by Level report generates.

For example, you can define a chart of accounts that includes 6 levels of accounts. If you set the Level of Detail processing option to use only two levels, then the output XML file that the Chart of Accounts by Level program generates only includes the level 1 title accounts and the level 2 accounts.

If you work with several business units, ensure that every account (Object.sub) is at the same level across all business units.

When you run the report, if the system finds posting accounts that are not associated directly to its parent title account within a business unit, then the output file lists the accounts found under the corresponding title account in the previous business unit (Business Unit.Object.Sub) listed.

Important: The Chart of Accounts by Level program generates table records that the system uses when you run the Trial Balance program. The level of detail that you define for the Chart of Accounts by Level report must be equal or greater than the level of detail that you set for the Trial Balance report.