What is normal balance in Account Master

What is 'Normal balance' in Account Master?

• Account Master
• Chart of Accounts

The 'Normal balance' field was blank, and user was unsure of what it required.

In Account Master, the 'Normal balance' field is an optional field that is definable when the Account type is set to Balance Sheet.

This field indicates whether the normal balance on this account is a debit or a credit balance.

To Update in Account Master:

1. Click Search
2. Enter Account Code information
3. Click Accept
4. Click Update
5. Click the drop down for Normal balance
6. Click the appropriate option (Debit or Credit)
7. Click Accept