I am sorry, but what does an internal G/L account have to do with a customer?
Application of NAICS Codes on Internal GL
I have a question regarding application of NAICS codes on our bank's internal GL. I understand that NAICS codes apply to businesses and not individuals unless they are a sole proprietorship. If the individual is a real estate investor purchasing 1-4 SFR for investment/lease, does the NAICS code #531110 apply? If so, does it apply if real estate investing is their secondary occupation?
First published on 12/29/2019