The Account chartfield is a five-character numeric value which identifies the nature or type of the transaction by classifying them into Assets, Liabilities, Equity (net position), Revenues, and Expenses. Account is a required field on all transactions.
The tree for the Account chartfield has six levels (Level A through Level F). Level F is the posting level and is displayed when you search on an Account and/or Account Description below. To view the full Account Tree, select the Account Tree/Values link to the right.