Specify the Default Account Group Table

Specify a default table if you use account group tables and you want a specific account group table to automatically populate for all accounts when you set up your chart of accounts.

For example, in a multiple company environment, the chart of accounts for each of your companies must be consolidated into an enterprise-wide (corporate) chart of accounts. After you set up a corporate account group table, enter it as the default account group table to ensure that all accounts have a corporate account group assigned automatically.

You create account group tables in Settings > General Ledger > Account Group Tables.

To specify the default account group table:

1. In the Navigation pane, select Settings > General Ledger > Options.
2. On the Options form, in the Default Account Group Table drop-down list, select the account group table to use.
   The selected table automatically populates in the Account Groups grid on the Accounts form, in Settings > General Ledger > Chart of Accounts.
3. Click Save.