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GL Settings - Category

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(Optional)  A category does not need separate GL account entries.

If left blank, then all inventory items assigned to the category will impact the account defined in the GL Interface Setup. Only if you want a more itemized GL would you want to assign GL Account numbers to the category.

 

CategoryGLAccts

Divisions - If you choose, you may assign different GL Accounts to each Division.

GL Accounts

Sales Account        - (Income)
Cost Of Sales                - (Expense or Cost of Goods Sold)
Inventory Account        - (Asset)

Press the lookup button to the right of the field to select or create the General Ledger Account.