4 Financial Category

This topic provides brief introduction about the Financial Category maintenance.

The Financial Category sub-menu under Maintenance menu allows you to manage (create, edit, close, reopen, and approve) the financial categories. Financial categories are the top most components in the financial document. For example, following are the three major financial categories in balance sheet:

• Assets
• Liabilities
• Ownership Equity

• Create Financial Category
  This topic provides systematic instructions about the procedure to create financial category.
• Modify Financial Category
  This topic provides systematic instructions about the procedure to modify a financial category record.
• Close Financial Category
  This topic provides systematic instructions about the procedure to close a financial category record.
• Reopen Financial Category
  This topic provides systematic intsructions about the procedure to reopen a financial category record.
• Approving Financial Category
  This topic provides systematic instrictions about the procedure to approve a financial category maintenance action.