The AP Class List Screen provides a listing of A/P Based on different classifications. This is a list of default charts of accounts in the system. The class is associated with the Vendor and during the entry and posting of transactions in payables, these accounts are used.
Class ID: This a unique class identifier
Description: This is informational description on the class
Default: Defines whether this is a default class
You can create a new Account Payable Class by clicking Add New Class