Chart of Accounts Structure Functions & Features

The chart of accounts is a list of ledger account names and account numbers, creating consistency in terminology and eliminates redundant accounts. A chart of accounts structure should include fields for account and ledger descriptions, to prevent shadow accounts from being created. Data tree tools allow users to see the structure of the fields and summaries, to help with reporting requirements, foster change, etc.. Chart of Accounts Structure Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Chart of Accounts Structure Functions & Features for ERP is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 3761 decision criteria. The ERP RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to ERP software vendors. It ensures for:

complete response from each ERP software vendor
deep and accurate evaluation of submitted ERP proposals
impartial side-by-side comparison of ERP solutions evaluated
rational and documented selection of the best matching ERP system

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The Chart of Accounts Structure Functions & Features comprise the following elements:

Account numbers may contain upwards of thirty alphanumeric characters
Account numbers may contain upwards of thirty alphanumeric characters, Chart of Accounts Structure Functions & Features
Defaults to required number of alphanumeric characters rather than requiring the maximum allowable
Users can suppress account numbers in order to use only necessary numbers or characters. Defaults to required number of alphanumeric characters rather than requiring the maximum allowable, Chart of Accounts Structure Functions & Features
Common chart of accounts
A common chart of accounts lets an organization integrate its data within financial and cost accounting systems, whether or not the data are included internally or externally. A common chart of accounts helps drive consistency of reported information, in addition to decreasing the reconciliation and consolidation procedures. Using a common chart of accounts is a method of ensuring compatibility across business units. Common chart of accounts, Chart of Accounts Structure Functions & Features
Common chart of accounts for both the ledgers and the sub-ledgers
Given ledgers and sub-ledgers may share a chart of accounts. Common chart of accounts for both the ledgers and the sub-ledgers, Chart of Accounts Structure Functions & Features
Account numbers may be alphanumeric
Account numbers may be alphanumeric, Chart of Accounts Structure Functions & Features
Masking of account number or portions of account number during editing
Masking of account number or portions of account number during editing, Chart of Accounts Structure Functions & Features

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Chart of Accounts Structure Functions & Features

Account numbers may contain upwards of thirty alphanumeric characters

Defaults to required number of alphanumeric characters rather than requiring the maximum allowable

Common chart of accounts

Common chart of accounts for both the ledgers and the sub-ledgers

Account numbers may be alphanumeric

Masking of account number or portions of account number during editing