| Used for statutory reporting requirements. The Alternate Account field is 6 digits.
Asset, equity, and liability accounts have a one-to-one relationship with an alternate account. Expense and revenue accounts have a many-to-one relationship with an alternate account. When you enter an account, the alternate account defaults in the transaction.
Definition:
- 1st-5th digits= State Standard General Ledger (GL) Code
- 6th digit= 0
|