Book Code

Book Codes are subsections of the ledger where accounting results from original journal entries are stored. Book codes can be combined to form a book that is used for reporting. In WD, most transactions are recorded in the blank book code or the Common Book. Year end adjustments are recorded in the Year End Adjustments book code and combined with the blank book code to form the Reporting Book. Additional books include the financial reporting book, which includes the blank book, fixed assets, year-end adjustments, and financial reporting adjustment book codes
Functional Area