Check your knowledge


Answer the following questions to see what you've learned.


Other than using the Name on a G/L account card, what other option do you have to specify that a specific G/L account is a liability account?


How do you define a G/L account as a sales account?


Direct posting is typically not enabled for G/L accounts on which only system-generated transactions are posted. For which one of the following G/L accounts would you select direct posting?


On the G/L account card, which fields are used to define the layout of your financial statement?