New company GL accounts list

This page is for MYOB Acumatica consultants

Check all changes in a test environment before taking them live. Make sure all related features still work as expected and that your data is unaffected.

This article is to run through the GL accounts which are used in the AU/NZ template database, where these accounts have been set up, and a description of the use of these GL accounts in their current form.
It's meant as a guide to help find and repurpose these GL accounts. We recommend you don't delete these accounts as it is likely to cause database issues. Instead of deleting them, change their ID - one of the useful features within MYOB Acumatica Business.

The table below reflects a snapshot of the default GL accounts.

Account	Account class	Description	Screen ID
11	CASHASSET	Cash-In-Transit	CA101000
12	AR	Account Receivable	AR201000
13	WAREHOUSE	Inventory	IN206000, IN204000
14	WAREHOUSE	In-Transit	IN101000
15	AP	Accounts Payable	AP201000, AP303000
16	OTHCURLIAB	PO Accrual	IN206000, CS211000, IN204000
17	WIP	Work In-Progress	IN101000
18	WAREHOUSE	Standard Cost Variance	IN206000, IN204000
19	FIXEDASSET	FA Accrual	FA101000
22	TAXESPAY	GST Collected	TX205000, AP303000
23	TAXESPAY	GST Output Tax Adjustments
24	TAXESPAY	GST Paid	TX205000, AP303000
25	TAXESPAY	GST Input Tax Adjustments
38	RETEARN	Retained Earnings	GL102000
39	NETINCOME	YTD Net Income	GL102000
40	SALES	Sales	IN206000, CS211000, IN204000, CS207500, EP202000, AR201000
42	SALES	Cash Discount	SO201000, EP202000, AR201000, AP201000, AP303000
50	COGS	Cost of Goods Sold	IN206000, CS211000, IN204000, PM201000, EP202000, AP201000
51	COGS	Standard Cost Revaluation	IN206000, IN204000
52	COGS	Purchase Price Variance	IN206000, IN204000
61	EXOTHER	Rounding Gain/Loss	GL102000, CM101000
62	EXOTHER	Rounding Gain/Loss	CM101000
63	EXOTHER	Freight	SO201000, PO101000, CS207500
64	OTHCURLIAB	Landed Cost Accrual	PO202000
65	COGS	Landed Cost Variance	IN206000, IN204000
66	EXOTHER	Unrealised Gain/Loss
67	EXOTHER	Revaluation Gain/Loss