Default GL Accounts allow you to set up your account information to auto-populate when creating new materials, labors, assemblies, and machines. This can save you time if, for example, most of your materials, assemblies, and machines are tied to your COGS account.
Note: You can also leave these fields blank if you don’t want to create a default. Accounts can be changed on the setup pages for individual materials, labors, assemblies, and machines.
To set up your Default GL Accounts, go to Settings/Accounting/Default GL Accounts or Accounting/Settings/Default GL Accounts depending on your permissions, and select which account you want from the dropdown menus below. See examples of these menus below.
Note: Each selection you make will be autosaved.
A. COGS/Expense Account options
B. Income Account options
C. Taxability Code options