The ‘Document Type’ is characterized by a 2-character code such as AA, DG, etc., whereas an ‘Account Type’ is denoted by a 1-character code such as A, D, etc., specifying which accounts a particular document can be posted to.
The common account types include:
- A Assets
- D Customer (Debtor)
- K Vendor (Creditor)
- M Materials
- S GL