Modify Chart of Accounts

Explanation

Use this activity to enter, change, and view detailed information about the accounts in the chart of accounts. A default chart of accounts is created when a company is created. This mandatory task is to be performed by a system administrator or equivalent person.

A specific account can be modified in the Account page. Several accounts can be modified in the Accounts page. 

The Account page contains the following tabs:

You cannot delete an account with postings. There are other checks to determine the changes allowed on an account in use, e.g., you cannot change the account type.

  • Prerequisites

    This activity has the following prerequisites:

  • System Effects

    As a result of this activity: