Chart of Accounts: Difference between revisions

Revision as of 15:41, 11 March 2026

This an organised list of every accounts in the company's general ledger acting as a table of contents for finanicial data.

Create Code
Chart of Account Code

Name
Chart of Account Name

Active
Tick whether it is Active or leave blank if it isn't

Default VAT Rate
You can set the Default VAT Rate for each category.

Currency
This is where you can set the Currency of each one.

Type
This is where you can set whether it is a Asset, Liability, Captital and Equity, Revenue or Expense.

Then click and it will then appear in the table underneath.

@@ Line 1: / Line 1: @@
 This an organised list of every accounts in the company's general ledger acting as a table of contents for finanicial data.
-'''Create Code'''
+'''Create Code'''<br />
 Chart of Account Code
-'''Name'''
+'''Name'''<br />
 Chart of Account Name
-'''Active'''
+'''Active'''<br />
 Tick whether it is Active [[File:Tick.PNG|alt=Tick|link=|Tick]] or leave blank if it isn't [[File:Blank.PNG|alt=Blank|link=|Blank]]
-'''Default VAT Rate'''
+'''Default VAT Rate'''<br />
 You can set the Default VAT Rate for each category.
-'''Currency'''
+'''Currency'''<br />
 This is where you can set the Currency of each one.
-'''Type'''
+'''Type'''<br />
 This is where you can set whether it is a Asset, Liability, Captital and Equity, Revenue or Expense.
 Then click [[File:Create-account.PNG|alt=create-account|link=|create-account]] and it will then appear in the table underneath.