How to Add a Account to the Chart of Accounts?

Modified on Mon, 24 Jul 2023 at 03:33 PM

You can view the video procedure or follow the steps below. This video procedure is available with English subtitles. Start the video, click on “⚙️” and on “Subtitles,” and choose “English (Canada).”

Steps to Follow

Note: The accounts should have a different account number. We recommend that the account number of the accounts of the same type start with the same number to ease your accounting (all the “Income” accounts start with a four, all the “Liabilities” accounts start with a two, etc.).

1. Go to the “Accounting” tab and the “Chart of Accounts” subtab.

2. Determine the type and the association (Assets – Account Receivable, Equity – Dividend, Income – Heating fees, etc.) of the account you want to create.

3. Click on “Add” at the top right.

4. Enter the new account number and its name, and select the association.

5. Click on “Finish.”

You have now added an account to the chart of accounts.

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