Add or Edit an Account
Create a new GL account or modify an existing one.
To manage your accounts, navigate to More Tools in the sidebar, then select Categories (Chart of Accounts). Here, you can add a new account or edit an existing one. When creating a new account, you'll need to fill in details such as code, name, category, sub-category, currency, tax treatment, and description. You can freely edit the name and description of any account. However, changing the category of an account with existing transactions is restricted to maintain reporting accuracy.
Step-by-step
- 1Access Chart of Accounts
Go to More Tools in the sidebar, then select Categories (Chart of Accounts).
- 2Create or Edit an Account
Click on + New Account to add a new one, or select an existing account to edit.
- 3Fill in Account Details
Enter the required information: code, name, category, sub-category, currency, tax treatment, and description.
Ensure all details are correct to avoid issues with reporting.