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DEAP · How-to guideGenerally available

Create an account

5 steps to create an account with SSOT validation and lifecycle controls.

Audience
Administrator, Solution architect
Owner
DEAP SSOT product documentation
Last reviewed
Oct 12, 2026
Reading time
10 min

Steps

  1. 01

    Basic

    Screenshot: Basic
    Account Code
    Enter a unique identifier for this account.
    Account NameRequired
    Enter the official general ledger name.
    Description
    Provide additional context or purpose for this account.
  2. 02

    Classification

    Screenshot: Classification
    Account TypeRequired
    Select the primary classification.
    Sub-Type
    Select a more detailed account classification.
    Account NatureRequired
    Financial nature of the account.
    Unit of Measure
    Statistical unit of measure if applicable.
    Parent Account
    Select the parent account if this is a sub-account.
    Normal BalanceRequired
    Derived debit or credit normal balance.
    Statutory Code
    Official statutory or regulatory reporting code.
    Consolidation Account
    Target account for multi-entity consolidation.
    Control AccountRequired
    Is this a control account governing a subledger?
    Subledger Target
    Target subledger (e.g. Accounts Receivable, Accounts Payable).
    Effective Start Date
    Date from which this account is active.
    Effective End Date
    Date on which this account expires.
  3. 03

    Compliance

    Screenshot: Compliance
    Jurisdiction / Country
    Governing country or jurisdiction code.
    Default Tax Code
    Applicable tax / VAT code for transactions on this account.
    CVR Group
    Central Business Register grouping if applicable.
    Budget Control
    Enforcement policy for budgetary limits.
  4. 04

    Financial

    Screenshot: Financial
    Account Currency
    Primary operating currency for this account.
    Intercompany Elimination
    Is this account used exclusively for intercompany transactions?
    Allow Multi-Currency
    Can journal entries be recorded in foreign currencies?
    FX Translation Method
    Foreign currency translation method for period close.
    Unrealized Gain Account
    Account to record unrealized FX translation gains.
    Unrealized Loss Account
    Account to record unrealized FX translation losses.
  5. 05

    Review

    Screenshot: Review