Overview

New Account Test

New Account - Do you know how to setup a new account for your Chart of Accounts?

Select Accounts Module.
Select Account button.
In Account Window select Account Type from the drop down E.g. Expense, Accounts Payable , etc.
In the Account Name field, type the name that you want to give to this account.
Tick Is Header if it is a Header Accounts means have multiple sub accounts linked with this account.
Tick Allow Expense Claim if Expense Claim is allowed on this account.
Sub Account 1, you can enter the sub account of the main account.
Sub Account 2, will create sub branch of Sub Account 1.
Sub Account 3, will create sub branch of Sub Account 2.
Enter Account No.
Select Tax Code for this account.
Write Account Description.
Bank Account Details will become active only if the account type is Cheque or Saving.
Account Tree View will show you the tree structure that you have created.
Tick Active, to make this account active
Click Save to Create the account.

4. New Account