Entering new accounts in Microsoft Dynamics GP can be a tedious, manual task, but there are ways to streamline this process. One of the best ways to do this is to set up Account Segment Descriptions. By setting these up ahead of time, when you enter a new account and assign it an account segment, the account description will auto-populate. Here is how you can make this happen:
Tools > Setup > Financial > Segment
Enter a Description for each Segment ID, including the Account Segment.
The Account Description is populated by the Description for each of the Account Segments.