Inventory GL Code Maintenance Screen

You can create and update settings for a GL code on the Inventory GL Code Maintenance screen.

Item	Description
GL Code	Lets you type a new GL code (up to four letters). Once you save a GL Code, you cannot modify it (although you can change its other settings).
Description	Lets you type a description for the GL code.
Department	Lets you specify the department for the items that a GL code will be assigned to.
Inventory	Defines s whether the GL code is for inventoriable items.
Std. Cost	Defines whether to post items to the general ledger at a standard cost. Clearing the check box prevents items from posting to the GL at a standard cost. Note: Standard cost is a method of forcing TireMaster to maintain a steady cost for an item because its true cost often fluctuates.
Inv. Acct –Parts	Lets you specify which asset account to post to when an item is bought, sold, returned, and so on.
Inv. Acct – FET	Lets you specify which asset account to use for posting federal excise tax.
Sales Acct – Parts	Lets you specify which income account for parts to post to when an item is bought, sold, returned, and so on.
Sales Acct – FET	Lets you specify which sales account to use for posting federal excise tax.
Sales Acct – Labor	Lets you specify which income account for labor to post to when an item is bought, sold, returned, and so on.
Expense Acct – Parts	Lets you specify which cost account to post to when an item is bought, sold, returned, and so on.
Expense Acct – FET	Lets you specify which expense account to use for posting federal excise tax.
OK	Saves changes and closes the screen.
Cancel	Closes the screen without saving changes.