Create G/L Account to Projetc Stock

Hi all,
I need to create a G/L account to Project Stock, but I don't know how to do this.
I have some doubts:
- This G/L account should be Balance Sheet Account?
- This account is reconciliation account? If so, is Assets, Customer, Vendor, or contract accounts receivable?
- Is there any specific field status group for this G/L account type?
After create the G/L account, I must to create a cost element, ok?
Thanks in advance,
Osmar Tardivo.

Hi Paulo,
I followed the instructions, but when I try to create the cost element the system show me the error message:
G/L account 1103010046 is a balance sheet account.
Balance sheet accounts cannot be created as cost elements in cost accounting, except for:
Asset reconciliation accounts
Material stock accounts for valuated sales order stock for sales orders or projects.
How do I get to create the cost element for this G/L account?
Thanks.

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