I am new to this, but I was able to add a GL account type by going to the chart of accounts and clicking the button that says add new account and then I supplied a specified number to my new account.  

Thanks Crystal.  I am trying to classify a new GL type in the income statement so I want to add a new GL type were you would select what type of GL you are creating, example: Expense, Cost of Sales, or Income.  I want to add to that field. 

Thank you:)

You should be able to add what Account types you need.  Just go to the Maintain tab, click on the chart of accounts and add a number close to the ex: income account.  Like I wanted to separate my income into services income and sales income, so I created a GL account Services income and gave it an ID number close to the Sales Income account.

You cannot add new G/L Account Types in Sage 50. You are restricted to those that are predefined by the program. However, utilizing the Financial Statement Formatting built into Sage 50, you can custom create your Financial Statements in almost any layout that you should need. Please reach out to us if you need additional assistance accomplishing your reporting goals. https://pcosupport.com 

Hi All,

I could add on Account Types in Sage 50 kindly following below steps. 

For example assume Direct Expenses Code no: 10000

                                   Indirect Income Code No: 20000

                                   Current Assets Code No: 30000 

                                   Current Liabilities Code No: 40000 

                                   Non-Current Assets Code No: 50000

                                    Non-Current Liabilities Code No: 60000

if it is making General ledger afterwards you will see in income statement and balance sheet show in there.