Account Groups

In Vision, you establish account groups so that you can group related accounts on your General Ledger reports. If you group related accounts under a single account group name, you can more easily identify and review account information.

For example, you can group all of your employee benefit liability accounts under the label Employee Benefits. This gives you two display options for employee benefit account information when you generate a report in Vision:

• You can display each benefit account separately under the label Employee Benefits.
• You can display one consolidated entry for all employee benefit accounts, under the label Employee Benefits.

You establish account group names and account group tables in the Account Info Center.

Account Group Names

Use Info Center > Accounts > Account Group Names to:

• Establish names for your account groups. Account group names are the labels that display on reports.
• Associate each account name with an account category you define, such as Assets or Liabilities.

You must establish account group names before you can set up account group tables. Vision uses this set of account group names for all of the account group tables that you create.

Account Group Tables

Use Info Center > Accounts > Account Group Tables to set up as many account group tables as you need. Each table provides a way to group accounts on your General Ledger reports. You can use different tables to generate different versions of the standard financial reports.

Account group tables determine:

• The account or range of accounts associated with each account group.
• The order in which account groups appear on reports.

Your system administrator can specify a default account group table in Configuration > Accounting > System Settings. This default account group table populates the first Group Table row in the Account Groups grid of the form at Info Centers > Accounts > Chart of Accounts.