What is the primary function of a GL account in Adaptive Planning?

The primary function of a GL (General Ledger) account in Adaptive Planning is to provide financial tracking. In the context of financial planning and analysis, GL accounts serve as the framework for recording all financial transactions. They categorize revenues, expenses, assets, liabilities, and equity, which is crucial for maintaining an accurate and comprehensive financial overview of an organization.

With this structure, Adaptive Planning allows users to align their planning and forecasting with actual financial performance, enabling efficient tracking of financial metrics over time. This functionality supports critical business processes such as budgeting, forecasting, and reporting by consolidating data that reflects the organization's financial activities.

Other choices do not align with the primary purpose of a GL account. While restricting user access, managing user permissions, and creating user groups are important aspects of system administration and security, they are not the primary functions of GL accounts in the context of financial tracking. These administrative features are related to user management and data security rather than the financial functionality that GL accounts provide.