Product GL Account Defaults

Product GL Accounts allow you to set accounting defaults for specific products. These translate into one side only of a double entry transaction.

You can use this only if you have defined product-specific GL accounts. For example, you can post all sales and costs for major products to their specific GL accounts. Though you can map several products to one GL Account (one to many), you can also do the same with Product Category GL Account defaults.

In the illustration below, we map sales of product 10116 to its own Sales A/c. All defaults are listed on the home page

You have the freedom to remove the mappings by clicking the Remove link against every entry. You can also change the assigned GL account, using the Update option.