When you select the pre-built chart of accounts, Sage 100 Contractor automatically sets up the account ranges, controlling account numbers, posting account numbers, and then creates the ledger accounts. You can then modify the ledger setup to meet your particular needs. However, you will then need to edit the ledger accounts to match any changes made in the 1-8 General Ledger Setup window.
You can select from four different pre-built charts of accounts:
After setting up the chart of accounts, you can edit account numbers, delete unnecessary accounts, and set up controlling accounts for subsidiary accounts or departments in the 1-7 Ledger Accounts window. If you change a controlling or posting account number in 1-8 General Ledger Setup, you must also change the ledger account number.
Caution! You cannot delete a chart of accounts after you set it up and save it, and you cannot edit it after you have entered a transaction. Call Customer Support or your business partner if you need more information.
Selecting a pre-built general ledger structure |
For additional online resources for Sage 100 Contractor products, visit the Sage Customer Portal. Use the portal to access the knowledgebase, chat online with customer support, or enter a customer support ticket.
For additional training on Sage products, visit Sage University.