1.20.1 Create External Chart of Accounts

This topic describes the systematic instructions to create and maintain external chart of accounts.

Specify User ID and Password, and login to Home screen.

1. From Home screen, click Core Maintenance. Under Core Maintenance, click External Chart of Accounts.
2. Under External Chart of Accounts, click Create External Chart of Accounts.
   The Create External Chart of Accounts screen displays.

   Figure 1-42 Create External Chart of Accounts

   
   

   
   Description of "Figure 1-42 Create External Chart of Accounts"

   
   
3. Specify the fields on Create External Chart of Accounts screen.

   Note:

   The fields marked as Required are mandatory.

   For more information on fields, refer to the field description table.

   Table 1-42 Create External Chart of Accounts – Field Description

   Field	Description
   General Ledger Code	This is General Ledger Account number used to transfer the funds between accounts. This Account is mapped with multiple debit/credit transactions.
   General Ledger Description	Specify the description of General Ledger Code.
   Source System	This field denotes source system to which the GL code belongs. The Source System for which GL code associated.
   Source System GL Code	Specify GL code of source system.
   Category	Select the category from the drop-down list.
   Posting Restriction	This field is used to denote that corresponding GL’s posting restriction is direct or indirect. By default, value is set to Direct.
   Blocked	By default, this is disabled. If selected, indicates the external chart of account is blocked. By default, this is disabled.

4. Click Save to save the details.
   The external chart of account is successfully created and can be viewed using the View External Chart of Accounts screen.