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Showing posts with the label Subaccounts

Creating Master Table for Subaccounts

In our accounting database, we have two subaccounts that are part of the primary accounts. They are some sort of derivative accounts for the primary accounts. The two subaccounts may serve as profit center, cost center, organization unit, vendor, customer, tax, etc. The subaccounts are stored in two tables, one for subaccounts 1 and the other for subaccounts 2. Following are the explanation for both two tables.