Accounting
Set up the chart of accounts
Initialize and maintain a hierarchical chart of accounts for vouchers and ledgers.
When to use it
- Initialize accounts from a template
- Add or edit a business-specific account
- Review account hierarchy before posting
Before you begin
- Open the client workspace
- Confirm the company’s accounting configuration
How to use it
- 01
Open Chart of accounts
Expand Accounting and select Chart of accounts.
- 02
Initialize when empty
Choose the appropriate account template before manually adding a large account set.
- 03
Maintain the hierarchy
Create or edit accounts using valid codes and parent relationships. The supported hierarchy is up to four levels.
- 04
Review availability
Verify that active accounts are selectable in voucher lines.
System screenshot
What happens next
The account structure is ready for voucher preparation and ledger reporting.
Good to know
- Plan account codes before creating many records.
- Do not change an account casually after it has accounting activity.