The Accounts function allows you to set up one or more accounts to which orders can be charged. The benefit is that you can then see how much is encumbered and spent on the account, thus making it easier to manage the finances. This is useful whether you have one or many account codes.
If you do not need to use this feature, you can turn it off in System Configuration Maintenance (Acquisitions settings).
There are two elements to setting up accounts:
- defining the component account codes that go to make up an account number (Account Code Level Maintenance)
- setting up the accounts with their budgets (Account Maintenance)