In accounting, code segments are typically used to categorize transactions by various attributes such as department, project, or location. To link the values of two accounting code segments, you can create a "cross-reference table" that maps the values of one code segment to the values of another code segment.
Here's an example:
Let's say you have two code segments: "Department" and "Project". You want to be able to link the values of these two code segments so that you can report on project expenses by department. To do this, you can create a cross-reference table that lists all of the possible department values in one column and all of the corresponding project values in another column. For example:
Department Project
Sales Project A
Sales Project B
Marketing Project C
Marketing Project D
In this example, if a transaction is coded to the "Sales" department and "Project A" project, you can look up the corresponding department value in the cross-reference table and see that it is linked to the "Project A" project value. This allows you to report on project expenses by department, even though the transactions are only coded with a project value.
Overall, creating a cross-reference table can be a useful way to link the values of two accounting code segments and enable more detailed reporting and analysis.
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Create a code dependency with valid values for both segments.
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Search and select the cardholder's account profile, and then click the Default Accounting Code link
Search and select the cardholder's account profile, and then click the Default Accounting Code link
An MCC group and an accounting code
Select the account information high-level task, click the account profile sub-task, then click the default accounting code link.
Select the account information high-level task, click the account profile sub-task, then click the default accounting code link.
Access Online will automatically allocate all office supply transactions to the Purchasing Department's accounting code
Access Online will automatically allocate all office supply transactions to the Purchasing Department's accounting code
populated segments a network segment that contains ends nodes,such as work stations. unpopulated segments a network segment that does not contain end nodes, such as workstations. Unpopulated segments are also called link segments.
Here is a link to a great paper by from the SEC , outlining the major differences in International Accounting Standards.
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When you are asked this question you should focus on what makes accounting important to you. It is a good ideal to link your passion to the objectives of the organization.