Account Categories are a group of accounting codes. Account categories are primarily used to support custom reporting needs that require that reports be grouped by a group of accounting codes. Sellable items are assigned accounting codes. Accounting codes can then be assigned to account categories. Then, custom reports can be grouped by accounting code or account category.
Adding Account Categories
1. Launch the Administration activity > Accounting tab > Account Categories sub tab > Select Options drop down and select Add Account Categories.
2. Type a Category Name and Description and click Save.
3. The account categories you have created can now be assigned to accounting codes by editing the accounting code.