GL Account Category

A “General Ledger Account Category” (or GL Account Category) is a generic term to describe the way you can segment or classify accounts. Categories can be setup and then linked to the required accounts. Another way to think about it is that it is like adding an extra tag to an account so that you can easily retrieve that account to do any additional reporting or processing.

To create a new Account Category, click the Create GL Account Category link on the home page. After choosing the Account Category Type, give the new Category a name. Click Create to save.