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  • Higher Account (CTBA170 - SIGACTB)

The Higher Account code is automatically generated from a simple algorithm. If the company uses another system to generate the Higher Account code, ignore this topic. See the following example:

Accounts Registered:

Account Code

Account Class

Higher Account

1

Summarized

None

11

Summarized

1

111

Summarized

11

11101

Summarized

111

11101001

Detailed

???????


The generation algorithm takes the following steps:

a) From account code 11101001, it takes 1 digit/character from the right of this code, hence: 1110100.

b) Searches for code 1110100. Since this account does not exist in the example, it continues searching.

c) From account code 1110100, it takes 1 digit/character from the right of this code, hence: 111010.

d) Searches for code 111010. Since this account does not exist in the example, it continues searching.

e) From account code 111010, it takes 1 digit/character from the right of this code, hence: 11101.

f) Searches for code 11101. In this case, account 11101 exists and is a summarized account. Therefore, the system assumes this Account as a Higher Account of Account 11101001.


Tip:

"Head" group accounts, such as "1 - Assets, 2 - Liabilities" do not usually have a Higher Account; hence, this field must not be filled.