Answer Posted / venkat
IF WE USE 6 DIGITS:(100000-100599)
suppose we give accounts like this:
COA A/C GROUP NAME FROM A/C TO A/C
IBM SCPL SHARE CAPITAL 100000 100099
IBM RSPL RESERVES&SURPLUS 100100 100199
IBM ACDN ACCU.DEPRECIATION 100200 100299
IBM SELN SECURED LOANS 100300 100399
IBM UNSL UNSECURED LOANS 100400 100499
IBM CLPR CURRENT LIABILITIES 100500 100599
IF WE USE 6 DIGITS:
*We can create with 1 series 994 account groups i.e.,
(199999-100599=994000 accounts)
*You see the above a/c table For each account group we are
keeping 100 accounts.
Eg:share capital : (100000-100099)
i.e., 99400accounts/100=994 accounts groups
*By using 6 digits in GL accounts groups we can create so
many accounts.
*by using 10 digits(1000000000-1000000099) also we can
create so many accounts but is is difficult to tell others
these 10 digits account no.s that's why we using 6 digits in
GL accounts creation
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