I want to enter a new Account Code but don understand what is different about a Header Account and a Detail Account – I suppose I need to put it in the right place – what do I need to know?
A. Yes you do need to know the difference between the two. A Header account is the total of all the Detail accounts that fall beneath it. For example, you may have a Header account called Income that has Detail accounts breaking down how that income was made. The Income Detail codes could be made up of Product Sales, Service Sales, Miscellaneous Sales, etc, which are all Income related accounts but are recorded as individual Sale Account codes to give a total to the combined Header account total.
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