Chart of Accounts

Description: The Chart of Accounts is a list of all financial accounts. It includes a unique number for each account that makes it easy to locate a specific account in each ledger. The Chart of Accounts represents the allowable G/L accounts. An allowable G/L account can be comprised of two parts - a base account and possibly an organization path. Base accounts can be attached to any org path or to no org path.

Base accounts also contain properties that interact with project management and accounting processes.

Note: This is where the integration of accounting and project management is established.