An accounting code is a combination of up to six elements: a general ledger accountThe general ledger will normally include general ledger accounts (GLAs) for items such as income, expenses, assets, liabilities, and reserves., a single entity and up to four analysis dimensionsCustom objects that allow you to analyze the activity in your business in additional ways, such as by cost center, project, employee, or any other business entity important to you., as recorded on a specific transaction line item.
An entity is one of the required elementsThe elements of a full accounting code consist of a general ledger account, an entity, and up to four analysis dimensions. of an accounting code. The entity of an accounting code represents one, and only one, of the following elements:
Example
For example, you might have any of the following accounting codes on a transaction line item:
Related Concepts
What is an Intersect Definition?
What is a General Ledger Account?
What is a Reporting Hierarchy?
What is a Chart of Accounts Structure?
Related Tasks
Creating Intersect Definitions
Managing Intersect Definitions
Creating General Ledger Accounts
Managing General Ledger Accounts
Creating a Chart of Accounts Structure
Mapping Corporate and Local GLAs
Setting up a Statement of Cash Flows
Reference