Create An Account

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Accounts in CES are created as a hierarchy
 

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      Look before you Leap
 

1	Set up your hierarchy after careful considerations have been given to both Balance Sheet presentation and Control Reports
2	Balances are maintained for each account by month and year
3	It is very difficult to change control accounts hierarchy once you have created them
4	You cannot enter accounting entries into control accounts
5	The more the number of levels the more time it takes to update the balances – Every account entry has to traverse the tree up to the top
6	Also have details of
	Where the account should be grouped for Reporting purposes
	Whether the account should be shown on the Trial Balance
	Whether it is an Asset/Liability/Revenue/Expense

 
Steps to follow
 

1	Use Facility Maintain Account Master (FA03) to create the account.