The Monitor Category is a setting assigned to each Account that can be used in reporting to easily include and exclude certain contracts.
The Monitor Category is a simple method of categorising Accounts that are to be reported on as a group on a regular basis. For example you can set an Account to be monitored daily, weekly or monthly and then print a Trial Balance report daily for the daily monitor level and weekly etc.
Each Account can be assigned to a maximum of three Monitor Categories. Monitor Categories are maintained from the Status Page of the Account form.