Account classes
Account classes form the overarching hierarchy of the chart of accounts and create a comprehensible order for general ledger accounts and evaluations.
Account classes
Account classes form the overarching hierarchy of the chart of accounts and create a comprehensible order for general ledger accounts and evaluations.
Why this point is crucial for key users
A good account class is like a table of contents for financial data: it helps users find accounts and provides a stable structure to reports.
Fields and settings at a glance
- Name: Meaningful name of the account class.
- Level: Hierarchical depth of the group.
- Parents: Parent class under which the group is represented.
- Sorting order: Order within the same hierarchy level.
How to prepare for the process safely
- Sketch the desired hierarchy before planting.
- First create higher-level classes, then create lower-level classes.
- Maintain levels and sorting consistently.
- Check the representation with representative accounts.
Check before sharing
- Each subgroup has the correct parent class.
- Layers and sorting create a readable order.
- Accounts are fully and clearly assigned.
What your team gets out of it
The chart of accounts becomes navigable - and the numbers behind it gain context.
Related topics
- For key users – understand and prepare processes › Finance › Preparation of financial reports › Balance sheet groups
- For key users – understand and prepare processes › Finance › Preparation of financial reports › P&L groups
Frequently asked questions
Why is account classes important for key users?
A good account class is like a table of contents for financial data: it helps users find accounts and provides a stable structure to reports.
What needs to be checked before release?
Each subgroup has the correct parent class. Layers and sorting create a readable order. Accounts are fully and clearly assigned.