General Ledger Maintenance - Referencing Accounts

References are used in the General Ledger when you need specific identification of dollars to a Master Record in RIMSS.  One example of a Referenced Account is A/R Trade.  This account is referenced to Customers in RIMSS.  Any dollars that are posted to A/R Trade will be tied directly to a customer allowing you to report and track dollars due to or from that customer. Other accounts that are typically referenced are Wholegood Asset, Liability, Revenue and COGS accounts, Accounts Payable, Fixed Asset, Depreciation, and Amortization accounts.  You do have the ability to reference any account to most Master Record types in RIMSS as well as creating custom references for specialized purposes.  The reference types available are shown in the screenshot below. 

To “Reference” a G/L Account, go to Company>Find>Chart of Accounts Grid.  Right-click the account you want to reference and choose “Modify…”. On the Account Ref. Type, click the dropdown arrow and choose the Reference Type. Click “OK” when you are finished.