How to create an Account Group & Assign a GL account to the group

This article outlines the creation of Account groups and then assigns a General Ledger account to an Accounts group.
Account Groups are useful to list multiple accounts as sub-accounts of a bigger account and thus consolidate reports.

Create an Account Group

You have to activate the Developer Mode in order to create an Account Group. To activate the developer mode go to Settings > General Settings > Developer Tools > Activate the Developer mode 

Following steps should be followed afterward in order to create an Account Group.

1. Navigate to Accounting Module >Configuration > Account Groups

2. Click CREATE to add a new Account Group. 

3. Fill in the below fields. 

• Name - Name of the Group
• Code Prefix - An affix attached to the beginning of the Account group (Note - This Prefix code will act as the base to assign a GL account to this Account Group.)

Assign GL Account to an Account Group

• You should use the relevant Account Group Prefix Code as the prefix code of COA code, then Odoo will automatically assign COA to the Relevant Account Group based on the Prefix code.
  
  

Once you have created these grouping you can see the results in the final reports as below. (Shown below is a screen shot from a balance sheet)