Segmentation in Account..

Question

Explane about Segmentation..

Answer 1

Hi,
In Acount Segmentation :
First Row     --> Natural Account - with 7 digits - type AlphaNumeric
Second Row --> Branch - with 2 Digits - type  AlphaNumeric
Third Row     --> Division - with 2 Digits - type AlphaNumeric
Fourth Row  --> Product - with 2 digits - type AlphaNumeric.
Note : You can change the Name as per your need. For example alone i have mentioned Branch, Division, Product.
Now, Double Click the on the Second row button. New window opens. In this window, Enter code, name and Short name of the code. For example, Code - 00, name - North, ShortName - As per your identification. Like this you enter the branch detailsin this window.
Then follow the above step to complete the details of Division and product as per my example. for this doble click on 3rd row and 4th row buttons respectively.
Now the Accounts segments will be defined.
In this Natural account will be used to identify the Account type. ie., if it is an asset then this account will start with 1xxxxxx, if it is Liability then it should start with 2xxxxxx, if it is an equity then it should start with 3xxxxx, if it is an Revenue then it should start with 4xxxxxxx, and if it is an Expenditure then it should start with 5xxxxxxx. Rest of the code will be taken from the code which we have defined in segmentation accounts while creating the account heads.
While creating the account heads thru Account code generator, you give the natural account code alone,  enter the Account head name and in the same window, you will see the Segment names and buttons near it. click it. new window opens. select the branch, division, product to which the accout head to be created.
Raja.S