4. Account groups

Answer Posted / rajesh.m

Account groups:
All similar accounts will combine as a group that will
called account groups.
some of the account groups are as below.

this concept will be used when you create the Chart of
Accounts.

1)Current accounts
2)Current Laibilities
3)Capital - Reserves & Surplese
4)Incomes
5)Expeses

All the best

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