Set up main account categories

Main account categories are used for the default reports in financial reporting and in Power BI. Main account categories that are created by default can be renamed but not deleted. Additional account categories can be created and used for reporting and analysis purposes. This task uses the USMF demo company.

Create a main account category

  1. Go to General ledger > Chart of accounts > Accounts > Main account categories.
  2. Click New.
  3. In the Main account category field, enter a unique name.
  4. In the Description field, enter a description for the main account category.
  5. In the Main account type field, select the main account type that will be linked to the category.
  1. Click Link main accounts.
  2. In the list, select the main accounts to assign to the main account category.
    • Assigning main accounts to a main account category will aggregate the balances of the accounts when that category is used for financial reporting and analysis.
  3. Select or clear the Linked option to choose the main accounts.
  4. Click OK.
  5. Click Yes.