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What are Rollup Accounts in the General Ledger module?

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What are Rollup Accounts in the General Ledger module?

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A rollup account is an account that shows the relationships between accounts that can be used for classification, budgeting, and reporting. Creating a relationship between accounts lets you consolidate or rollup account balances (and quantities, if applicable) to provide a summary balance similar to the consolidation options provided in Financial Reporter. When you designate an account as a rollup account, you can also add member accounts to it (using the fields in the Rollup tab that appears when this option is selected). You can also add rollup member accounts to an account’s member accounts, creating a tree. Note: This feature is available only in the Sage Accpac 500 ERP version 5.5 of the product. You can print rollup information on the following reports: • Chart of Accounts: • The Rollup Accounts report is an additional selection in the Report Format field on the Chart of Accounts report. The Rollup Account/Members report displays all rollup accounts and their directly related rol

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