Setting Up Chart of Accounts

How many characters can be in a chart of account title?

When an organization is set up using File>New Organization, with Administrative user rights, the length of the account title is specified. After completing this wizard, field lengths for this organization cannot be changed. Keep in mind, the maximum length for any user defined field is 255 characters.

Can I create my own account types when setting up the Chart of Accounts?

No. A full selection of account types is available when general ledger account codes are set up. These account types are used to create the Quick Financial Statements.

Can wild cards be used when setting up my Chart of Accounts?

No. Instead, use the Maintain>Chart of Accounts wizard to make sure all necessary assignments are created for a new account.

Can I use the Chart of Accounts wizard more than once for the same account?

Yes. The Chart of Accounts wizard does not delete or override existing assignments.

When and where are chart of account titles displayed?

If Display/Hide Titles has been turned "on", and you are entering account code segments in a transaction entry form, the system displays the description for each segment of the current line at the bottom of the form. Additionally, chart of account titles are displayed in drop-down lists throughout the system.