Chart of Accounts

The chart of accounts is the list of the accounts names and they are categorized as;

1. Assets (Fixed and Current)

2. Liabilities (Non current and Current)

3. Income (Direct and indirect)

4. Expenses (Direct and others)

5. Money accounts (Short term C.Assets)

To add a new Account, Check from the listview the last Account code;

• Account Code: type the next number

• Account Name: the Account name you are adding

• Account type: (choose from the droplist)

• account order: which determines the ordering of the accounts in the list view

• Receipt Money A/c: Select this if you are adding a money account that should be used to receive money when clearing a bill.

• Save: Click save to save/add the record.