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Account Types

The account type of a general ledger account determines the type of use within a posting transaction.

Account Types

The account type of a general ledger account determines the type of use within a posting transaction.

That's what you use this page for

  • The list shows all available account types.

Financial account = Financial accounts are bank, cash or transfer accounts

Tax exempt = Accounts that are not posted with a tax code

Sales tax = These accounts are posted using sales tax codes

Input tax = These accounts are posted with input tax keys

Purchase tax = These accounts are posted using purchase tax or reverse charge tax keys

Collective account customers = These are collective accounts for customer receivables and liabilities.

Collective account for suppliers = These are collective accounts for supplier receivables and payables.

  • Collective accounts cannot be addressed directly during postings.

Related topics

  • Chart of accounts
  • posting entry

Frequently asked questions

What do I use account types in X-ERP?

Account types give a general ledger account its fundamental role. This means that X-ERP can handle accounts appropriately in terms of recording, checking and evaluating.

What do I need to check before saving, posting or sharing?

The type is clearly named and is only used in the chart of accounts for similar accounts.