How to add a new N/C to the Chart of Accounts

How to set up a new account

  1. Select View - Accounting - Chart of Accounts.
  2. Click New.
  3. Assign a number to the account, according to the position it is to take in the Layout of accounts and click OK.

    The account will automatically be placed in the Layout of accounts; in a position based on the number you enter here. Read more about the Layout of accounts Chart of Accounts Properties.

    You can click Change layout of accounts in the Layout of accounts tab in order to display and/or change the location of the account.
  4. Enter a Name. A short name explains what the account is to be used for. You can change the explanations for existing accounts as well, if required.
  5. You can register more detailed information in the Advanced tab. More information about the tab can be found in Chart of Accounts Properties.
  6. Use the Description field to enter a more detailed explanation than provided by the account name.
  7. Click Save.

You have now created a new account.

Read more about:

The Chart of Accounts

Chart of Accounts Properties