Accounting Setup

Chart of Accounts

Use the chart of accounts before posting transactions, mapping payment channels, or reviewing journals.

Create an account

1. From the main dashboard, click Accounting.
2. Click Chart of Accounts.
3. Click New Account.
4. Enter the account Code.
5. Enter the account Name.
6. Select the account type, such as Asset, Liability, Equity, Income, or Expense.
7. Select the parent account if the account belongs under a group.
8. Confirm whether the account is active.
9. Click Save.

Review before posting

1. Return to Chart of Accounts.
2. Search for the account code or name.
3. Confirm the account appears in the correct group.
4. Open the account and check that it is active.
5. Use the account in payment mapping, journal entry, voucher, invoice, or cashbook setup only after this review.

Use consistent account codes. Changing account structure after transactions are posted can make financial reports harder to compare.