---
schema_version: "1"
id: df722f430cfa7f0404d1fd8d2becfe732815ff2c7c3b87689741562baff3e79d
title: Create General Ledger Accounts
collection: admin
version: current
locale: en-us
portal_url: https://docs.salesforce.com/admin/current/en-us/ind/264-0-0/billing_general_ledger_accounts_create.md
canonical_url: https://help.salesforce.com/s/articleView?id=ind.billing_general_ledger_accounts_create.htm&release=264.0.0&type=5
source_site: help.salesforce.com
content_type: documentation
content_hash: 1108410e372d61bf8b6cfe75e09038e6dd37563440454428f0ad503880a959d4
description: Set up a chart of accounts for your organization's legal entities by creating general ledger accounts. Use these accounts to categorize your billing transactions by accounting type and report them in your company’s financial statements.
products:
  - Revenue Cloud
release: "264"
---
# Create General Ledger Accounts

Set up a chart of accounts for your organization's legal entities by creating general ledger accounts. Use these accounts to categorize your billing transactions by accounting type and report them in your company’s financial statements.

### Required Editions

<table class="slds-table slds-table_bordered slds-max-medium-table_stacked slds-m-bottom_small edition"><colgroup><col></colgroup><tbody><tr class=""><td class="slds-cell-wrap" style="vertical-align:top;">Available in: Lightning Experience</td></tr><tr class=""><td class="slds-cell-wrap" style="vertical-align:top;">Available in: <strong>Enterprise</strong>, <strong>Unlimited</strong>, and <strong>Developer</strong> Editions with <a href="https://help.salesforce.com/s/articleView?id=ind.revenue_licenses_areas_and_features.htm&amp;release=264.0.0&amp;type=5">the Revenue Cloud Billing license</a>. Contact your Salesforce account executive for more information.</td></tr></tbody></table>

<table class="slds-table slds-table_bordered slds-max-medium-table_stacked slds-m-bottom_small permission">
        <colgroup>
          <col style="width:50%">
          <col style="width:50%">
        </colgroup>
        <thead class="slds-text-title_caps ">
          <tr class="">
            <th scope="colgroup" class="slds-cell-wrap" colspan="2" style="text-align:center;vertical-align:top;" id="d112773e62">User Permissions Needed</th>
          </tr>
        </thead>
        <tbody>
          <tr class="">
            <td data-label="User Permissions Needed" class="slds-cell-wrap" style="vertical-align:top;" headers="d112773e62 ">To create general ledger accounts:</td>
            <td class="slds-cell-wrap" style="vertical-align:top;" headers="d112773e62 ">Accounts Receivables Admin permission set</td>
          </tr>
        </tbody>
      </table>

![Important](https://sf-zdocs-cdn-prod.zoominsoftware.com/tdta-ind-revenue-264-0-0-production-enus/91ca99c6-d5c8-4986-b961-c6b7801e0d0d/images/icon_important.png)

Important

Starting Winter ’26, the General Ledger Account object has a new Type field. For General Ledger Account records created before Winter ’26, there's no Type value. To calculate opening and closing balances for general ledger accounts during the closure of legal entity accounting periods, manually select the Type value for existing records.

1. From the App Launcher, find and select **General Ledger Accounts**.
2. Click **New**.
3. Enter an accounting name.
4. Enter a unique accounting code.
5. Enter the name of the financial statement that this general ledger account contributes to. For example, you can enter Income Statement or Balance Sheet.
6. If necessary, enter a description.
7. Select a legal entity.
8. Select the type for the accounting code that you entered.
    
    From Winter ’26, use the Type field instead of Accounting Type field. The opening and closing balance amounts are calculated for the general ledger accounts based on the Type value when the legal entity accounting period is closed.
9. Save your work.

The autogenerated name of the general ledger account is a combination of the specified accounting code and name.

After you create general ledger accounts, [create general ledger account assignment rules](https://help.salesforce.com/s/articleView?id=ind.billing_general_ledger_account_assignment_rules_create.htm&release=264.0.0&type=5 "Define general ledger account assignment rules that assign the correct general ledger accounts to credit and debit transaction journal entries.") to assign the correct general ledger accounts to transaction journals.