• Accounts
  • Account Numbers
  • Creating a Prime Posting Account
  • Creating a Control Account
  • Creating a Statement of Cash Flow Account
  • Linking accounts to the Statement of Cash Flow
  • New Account and Account Properties Dialog
  • Account/Line Properties Dialog - Report Tab
  • Renumbering Multiple Accounts
  • Renumber Accounts Dialog
  • Split-up Accounts
  • Creating Split-Ups for Accounts
  • Completing account properties using autofill
  • Entering balances
  • Entering balances in a yearly client file
  • Split-up Accounts dialog

Creating a Control Account

Prerequisites

A Control Account must have an account number from 1 to 99. Account numbers greater than 99 are Prime Posting Accounts.>>More Info

Procedures

1. On the Account tab, in the Balances group, click Trial Balance.



2. In the Working Trial Balance, select the Report tab, and click New.

3. In the Name column, enter a description for the control account.

4. Enter a statement type.

5. In the Account No column, enter a number from 1 to 99.

6. Assign posting accounts to the control account by entering the control account number in the CTL column of the posting accounts.

Results

The account is added in the Working Trial Balance Account tab and can be viewed or edited.

• To delete an account, click Delete in the Working Trial Balance to remove. Note: Accounts with opening, prior or budget balances cannot be deleted.
• To lock an account, select in the Lock column. Once locked, no further changes can be made to transactions, adjusting journal entries, account balances, and properties. Only unrecorded adjusting entries can be created using the account.

  Note: Multiple rows can be modified at the same time by selecting the rows while holding down the CTRL key and clicking the Lock check box in any row. On the Edit menu, click Select All to highlight all rows at once.