type
(e.g. Assets) and sub_type
(e.g. Current Assets) that determines how they are treated
in the accounting reports. Each ledger also has a sort_code
. In other accounting systems, this is sometimes referred to as a “ledger code” or “GL code.”
The sort_code
is an integer that determines the order in which the ledgers are displayed in reports within their respective sub_type
.
sort_code
conventionssort_code
numbering. You can feel
free to follow the same convention or adopt your own.
Having an understandable sort_code
convention is especially important if the accounting data will
ever be used by professional accountants or bookkeepers, as they will expect this.
sort_code
conventions of the chart of accounts
template that the user is using.