How to Close Accounts to a Specific Segment in Sage 300 General Ledger
Steps:
- Open General Ledger > G/L Setup > Options.
- On the Segments tab, in the Use in Closing column, mark the segment as a closing segment.
- Click Save, and then click Close.
- Open General Ledger > G/L Setup > Segment Codes.
- In the Segment Name field, select the segment you marked as a closing segment.
- In the table on the G/L Segment Codes screen, enter all the codes that can be used for the segment, specifying the retained earnings account to which each segment closes.
- Click Save, and then click Close.
- Open General Ledger > G/L Accounts > Accounts.
- For each revenue and expense account that includes the segment in the account number, in the Close to Segment field, select the closing segment.
- Note: Any accounts for which you do not specify a segment will close to the default closing account, which is defined on the Account tab of the G/L Options screen.
- Click Save, and then click Close.