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Definition: What is it?

The Chart of Accounts screen is used to define the chart that will be actively used by the company. For example the Global chart of accounts may contain 100 different accounts but only 20 need to be used for your specific business. This means the you need only to create assignments to the accounts that you actively want to use.

NOTE: Be careful if you plan to use and tailor the demo chart of account as some accounts that you decide not to use may be referenced in the GL Account Defaults.

What is it used for?

 TO DO

What's on the screen?

 TO DO