How do GL accounts differ in the service industry?

General Ledger accounts (GL accounts) are used in accounting to categorize and record financial transactions. General Ledger Number Reference Guide, What You Need to Know (PDF, 173KB), GL Accounts and Purchase Requisitions Guide (PDF, 726KB) This USSGL account is to be used only by the Department of the Treasury. Account Title: Accounts Receivable. Account Number: 1310. Normal Balance: Debit. Sep 25, 2020 ... I want the Invoice transaction to go the Revenue account and the Credit Memo transaction to go to a Discounts account. How do I do that? It incorporates both proprietary and budgetary accounts. The proprietary and budgetary sets of general ledger accounts are self-balancing (the total debits ... The State Controller's Office (SCO) sets up the STARS General Ledger that are used to record all the assets, liabilities, fund balance (equity), receipts, and ... General Ledger Account Definitions - Finance. Commitment. Control Account. 711000. Budget Salary. GL Account. 711009 9 Month Faculty. GL Account. 711012 12 Month Faculty. GL Account. This guide will instruct you on entering a split distribution using Grant/Project (GA) and General Ledger (GL) accounts. GENERAL LEDGER CODES/ACCOUNT CODES. (This is a partial listing of general ledger codes which should meet your needs in processing the majority of purchasing ...