General Ledger Accounts
  1. Accounting
  2. General Ledger Accounts

Posting GL accounts types

A summary of various posting types in the General Ledger accounts.

Client Types 

This posting type is created if multiple Accounts Receivable control accounts are required for different Client Types.

A common use case example is where the agency wants to have a separate Intercompany Receivables account for intercompany balances to be separate from the external client receivables.

To learn more on how to create a client type posting, click here.

Supplier Types 

This posting type is created where Accounts Payables control accounts are required for specific supplier types.

A common use case example is where the agency wants to have an Intercompany Payables account for intercompany balances to be separate from the external supplier payables.  

To learn more on how to create a supplier type posting, click here

Job Types

This posting type is created where multiple billing or revenue accounts are required to reflect the job types that the billings and/or revenue relate to.

A common use case example is where the agency wants to have separate billings and/or revenue accounts for fee and production jobs. They would create a Job Type posting record for both the Fee and Production job types.

To learn more on how to create a job type posting, click here.

Task Types

This posting type is created where multiple billing or revenue accounts are required to reflect the task types that the billings and/or revenue relate to.

To learn more on how to create a task type posting, click here

Internal Charge Types

This posting type is created where you can invoice the internal charge and post it to the required GL account. 

To learn more on how to create an internal charge type posting, click here.

Job Type and Task Type

This function is an extension of the Job Type/Task Type postings. It allows billings and/or revenue to be posted to specific GL accounts for transactions that are assigned to a combination of a specific job type and task type

A common use case example is where the agency wants to have separate billings and/or revenue accounts for creative services task types where those services were carried out on fee job types or production job types. They would create a Job Type and Task Type posting record for a combination of the Fee job type plus the Creative Services task type and another posting record for a combination of the Production job type plus the Creative Services task type.

To learn more on how to create a job type and task type posting, click here.

Office Default

This posting type is created if one or more offices use a different GL Chart of accounts than the standard GL account structure or where default postings for one office need to be routed to different accounts than those defined in the Default GL Posting Accounts.

To learn more on how to create an office default type posting, click here.

Expense Claim 

This function defines the Expense GL Account that will be assigned when the following types of transactions are created:

  • Employee Expense Claim transactions that are not billable to a client
  • Corporate Credit Card transactions that are not billable to a client
  • Supplier Invoice transactions that are not billable to a client

To learn more on how to create an expense claim type posting, click here.

Master Clients

This posting type is created where Accounts Receivable control accounts are required for specific master clients.

A common use case example is where the agency wants to have a separate Receivables account for one group of clients – so that receivables balances are separate from the other client's receivables balances.

To learn more on how to create a master client type posting, click here.

Master Suppliers 

This posting type is created where Accounts Payable control accounts are required for specific master suppliers.

A common use case example is where the agency wants to have a separate Payables account for one supplier or a group of suppliers (such as a corporate credit card supplier) for payables balances to be separate from the other supplier payables.

To learn more on how to create a master suppliers type posting, click here.

Media Types 

This posting type is created where multiple billing or revenue accounts are required to reflect the media types that billings and/or revenue relate to.

A common use case example is where the agency wants to have separate billings and/or revenue accounts for broadcast media types and print media types – they would create a ‘Media Type’ posting record for both the ‘Broadcast’ and ‘Print’ media types.

To learn more on how to create a media type posting, click here.