Standard Accounting Code and Guidelines

Question

Does Sage has standard Accounting Code for product which we can refer as guidelines. For example the product code for Asset (if you have multiple asset Gl code - machine, computer, etc), should you have different product code for each asset according to different GL Code? Also what does the modifier really meant for no 1 till 50?

PEREIRA Carlos · Answer

Good morning, 
 I believe you could get some insights by having a look at the SEED folder.

Your rationale is correct, if you have multiple GL accounts, then certainly you will have to create multiple Accounting Codes. 
 
 The modifier number line is determined by the Automatic Journal Line. 
 For instance, while recording a Stock Receipt (Purchase or Miscellaneous Receipt), the system will use the STKRE Automatic Journal. 
 For the 1st accounting line (Debit Stock Line) generated by this STKRE Automatic Journal, the system will look for the Modifier Line 16 if the Modifier Line 12 is empty.

Sage X3

Standard Accounting Code and Guidelines

COMMUNITY

COMPANY

PARTNERS

SUPPORT & TRAINING