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Account in Legal Entity

Account in Legal Entity is the one-step way to add an account: Save makes the account master on General Ledger Account when it does not exist yet, and releases it to the current company with the same fields as Release Account in Legal Entity.

Where
General Ledger › Chart of Account › Account in Legal Entity
Who uses it
The chief accountant
When
When a company needs an account that does not exist yet

What it is for​

The screen is the release screen with the master's fields added: Chart, Name, Account Nature, Account Group and Balance Control. The Account number is given on Save from the group's range (or typed, under Custom Number Range). The Balance Control set here is copied to the new master, and it is the one the voucher balance check reads.

Every other field, check and message is as on Release Account in Legal Entity. Account Category is required here.

If something looks wrong​

  • "Account cannot be empty" Custom Number Range is ticked: type the number.
  • "Account Group: ... is not configured in Chart: ..." / "Account Limit has been reached for this Account Group: ..." See Account Grouping and Number.