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The Object Type document defines the general use of an object code; such as income, asset, expense, or liability. In addition, the object type codes are grouped into the basic accounting category codes for reporting purposes and in business processes used by the System Options table.
For more information about the basic accounting category code, see Basic Accounting Category.
When you are configuring the object types, it is important to cross-reference the Object Type table, the System Options table and the OBJECT_TYPES parameters in the Parameter table.