Most of today's general ledger packages provide multidimensional account structures. These account structures consist of one or more segments to reflect, at a minimum, the General Ledger (GL) account number plus other numbers that generally reflect Company, Cost Center, Account, Product, Project, and so on.
Account Structure Example
In this example, we can examine a typical accounting structure by breaking out the specific segments of the account number 10-100-1010-550-968 as follows:
...