In Infor M3, account groups are a fundamental component for structuring financial reports. The levels assigned to account groups (from 1 to 5) create a hierarchy that dictates the summarization and presentation order of accounts on financial statements like the income statement and balance sheet. This hierarchical structure is essential for creating readable and logically organized reports. Furthermore, each account group must be explicitly classified by a 'Report code' to indicate whether it belongs to the income statement or the balance sheet. This classification is mandatory for the system to correctly generate these two primary financial statements.

B. Account groups are defined at the company level in 'Accounting Rule. Open' (CRS630) to ensure financial consistency across all divisions within that company.

D. Infor M3 provides five levels for account groups, not six. This is a fixed system parameter for creating the reporting hierarchy.

1. Infor M3 Finance Management User Guide (for CRS630):

Reference for A & D: In the documentation for the program 'Accounting Rule. Open' (CRS630), the field 'Account group level' (ACDLLV) is described. It specifies that "five levels are available" and these levels are used to structure the chart of accounts for reporting purposes, which directly influences the order on statements. This confirms that five levels exist (making D incorrect) and that these levels determine the structure (making A correct).

Reference for C: The field 'Report code' (ACDLRC) in CRS630 is a mandatory field that "indicates whether the account group is included in the balance sheet (1) or the income statement (2)." This directly supports the statement in option C.

2. Infor M3 Core Foundation and Company Structure Documentation:

Reference for B: Official documentation on the M3 organizational structure clarifies that financial master data, including the chart of accounts and associated accounting rules like account groups (CRS630), are defined at the company level. This ensures a single, consistent financial structure can be utilized by multiple divisions linked to that company, refuting the claim that they are defined at the division level.