Default General Ledger Closing Account in Sage 300

Summary

In Sage 300, what is the Default Closing Account?

Resolution

The default is assigned in the following locations:

  1. Under G/L Setup, Options, Account.
  2. Go under “Default Closing Account”

or

  1. Under G/L Setup, Segment Codes
  2. For each segment code, go under the Closing Account. It is also defined there