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Dear Friends,
Can someone please provide me some clarity on the following
1) To my mind Account Group should be defined before creating the G/L accounts as this will also help in specifying number ranges to different types accounts such as Balance sheet (Assets/Liabilities), Expense accounts, P&L accounts, Liquid Funds accounts, Revenue accounts, Interest accounts and so on....
2) Is Expenses accounts and P&L accounts different
3) Does Accoung group and Group Chart of Accounts have any relation in configuration or any other way
4) Field Status Group and Account Group are inter-connected - which is at a higher level among them - I guess that we can change the Individual Field status Group separately and from Account Group also
Thanks
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