Adding or Modifying Account Sets

You create account sets to specify the general ledger accounts to which customer transactions are distributed.

To add a new account set:

1. Open Accounts Receivable > A/R Setup >  Account Sets.

2. In the Account Set Code field, enter a unique code, using up to six characters, to identify the account set.
3. In the Description field, enter a description of the account set.
4. Enter the general ledger account numbers that make up the account set. More...

   If you use Sage 300 General Ledger with your Accounts Receivable database, a Finder appears beside each general ledger account field.

   Click the Finder or press F5 to display a list of general ledger account numbers. Highlight the account you want, then press Enter to insert it in a field.

   In a multicurrency account set that does not use the functional currency, you must also enter the currency code and account numbers for the exchange gain, exchange loss, and exchange rounding accounts.

   Important! You cannot change the currency code for an account set after you add the set.

5. Click Add.

To edit an account set:

1. Open Accounts Receivable > A/R Setup >  Account Sets.

2. Select the account set you want to change.

3. Make your changes.

   Note: If you use multicurrency accounting, you cannot change the currency code assigned to an account set.

4. Click Save.

To delete a terms code:

1. Open Accounts Receivable > A/R Setup >  Account Sets.

2. Select the account set you want to delete.

   Note: You can delete an account set only if it is not assigned to customer records (including customer groups, national accounts, and customers).

3. Click Delete.