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control account

Posted: Sun Jul 29, 2007 1:57 am
by karthik
Hi,

Can anyone explain me wat is meant by control account is segment qualifiers?

Posted: Sun Jul 29, 2007 12:01 pm
by cnubandi
Hai,

Control Accounts are GL accounts accessed from payables,Receivables,and Inventory.The control account segment qualifier lets you indicate which account segment values represents control accounts.

Regards,

Posted: Wed Aug 01, 2007 8:36 am
by surya_prabha
Hi

Control Account is a Segment Qualifier and it is used for reconcillation purpose.

The control Account in Payables is "Liability"
The Control Account in Receivables is "Revenue" and "Receivables"

Posted: Thu Aug 02, 2007 2:24 am
by k.khan
hi
when you enter a new account in the value field..it asks you for
1-allow budgeting..
2-allow posting...and then there is
3-control account
4-reconcilation flag
what is the usage and purpose of both(3 and 4) these