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 Link Technologies - LinkSOFT Documentation 
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GL Groups

GL Groups are defined and assigned to Assets . When defining a GL Group, you specify the following information:

  1. DESCRIPTION - A brief description of this Group of assets.
  2. General Ledger Account codes that affect an asset when it is DEPRECIATED .
  3. General Ledger Account codes that affect an asset when an ACTIVITY takes place.
  4. NOTES - Detailed description for this Group .
  5. VOID - You may Void a classification that has not been used in the system.

If an asset has a GL Group assigned to it, the GL Account Codes assigned to the selected group will be used when creating entries in General Ledger.