Set G/L Accounts

In the Inventory-->Item Master Data Inventory data tab there is an option called set G/L account by warehouse, Itemgroup and by Item Level can I know a brief explanation on these. If I select Item group as warehouse what happens

Dear Sandy,
You use G/L account by item group if you maintain different item group, e.g. audio, video, TV, steel, fan item groups. You set G/L account in the COA for the item groups.  Let's say item TV 14", TV 20".
You set G/L account by warehouse if you maintain different warehouse per area and in each of the area the price or item cost of your items are different.
You set G/L account by item level if you want to edit or enter all the G/L account fields in the inventory tab of item master data per warehouse and per item, another type of setting can't do this.
Rgds,
- shahak-

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