A ledger account contains a record of business transactions. It is a separate record within the general ledger that is assigned to a specific asset, liability, equity, revenue, or expense type.
|Reference given to each nominal ledger account for a business. It ensures money is allocated to the correct account.
|Name of the ledger account
|Main category of the ledger account
|Type of ledger account (sub category)
|Additional details (description) for the account
|The type of transaction made to this account - Debit or Credit
|Identifier for the account, unique for the company.
|The current state of the account
|Indicator to display whether the amount in the account is taxable or not
|The default tax code associated with this account
|Date the record was created in the accounting system.
|Date the record was last updated in the accounting system.
|The type of exchange rate that is used to translate foreign currency amounts for this account in the cash flow statement.
|Currency of the account.
|The exchange rate used in the accounting system in order to convert the amount into the home currency
|Friendly reference of the account (from external system)
|The type of exchange rate that is used to translate foreign currency amounts for this account in the income statement, balance sheet, and other general purposes.
|Current balance in the account
|The unique identifier of the parent account of this ledger account
|The name of the parent account of this ledger account
|The type of the parent account of this ledger account
|Indicator to display whether the access of this account is restricted to a location
|The location unique identifier that has access privileges to this account
|The location name that has access privileges to this account
|The location type that has access privileges to this account
|Indicator to display whether the access of this account is restricted to a department
|The department name that has access privileges to this account