Create New GL Accounts for Cost of Sales

Accounting > General Ledger > General Ledger

Inside the Primary Grid:

1. Click the [New] button in the Action Ribbon.

Within the General Ledger Account Screen:

1. Input the Account in the Master field. Use the Account Prefix and Sub fields if applicable.

2. Input a Description of the account being created.

3. Click the Type dropdown and select Cost of Sales.

4. Mark Counts Allowed [Yes] or [No].

5. Click [Save] In the Action Ribbon.

6. Click [Reporting Accounts] in the Action Ribbon to open the Reporting Accounts window.

7. Enter the appropriate Reporting Account number for each Financial Statement listed.

8. Click [Save].

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