General Ledger Account Departments
Account Departments are used to associate Accounts with a particular subdivision within the company. They represent sections of your company that you want to examine individually. For example, a single design firm may have a commercial and a residential department. If your goal is to separate out the Expenses for these accounts, then using Departments will work for you.
Design Manager has the ability to assign a Department to certain General Ledger Accounts. If the Account Type is set to either Revenue, Cost of Goods Sold, Operating Expense, or Other Income/Expense, the Department Code field will be available.
To Add, Edit or Delete a Department ? click on the Edit Dept. List button.
Assigning a Department to an Account allows the Income Statement to be printed for a single Department or for the company as a whole. Use the Report Format Drop down to see your Department choices.
