The master list of every account your books post to.
#The list
Columns: Code, Name, Type, Currency, Balance, Status (Active / Inactive), plus Description and Created from the column chooser. Accounts with sub-accounts show an arrow to expand the tree. Search by code, name or type; filter by Account type; switch on Show inactive to include archived accounts.
#Account types
Every account has a type, and the type decides where it appears in the financial statements:
| Root | Types |
|---|---|
| Asset | Cash, Bank, Accounts Receivable, Inventory, Other Current Asset, Fixed Asset, Non-Current Asset |
| Liability | Accounts Payable, Credit Card, Tax Payable, Other Current Liability, Long Term Liability, Non-Current Liability |
| Equity | Equity |
| Income | Income, Other Income |
| Expense | Cost of Goods Sold, Expense, Other Expense |
#Adding an account
- Click New account.
- Account name * (Cash on hand), Account type * (grouped by root — type to search), Code (3–6 characters; leave blank and the next free code for that type is suggested), Currency (defaults to base), Parent account (to nest it in the tree), Description, Cash flow category (Operating, Investing, Financing — leave blank for the type's default), Default fixed-asset category (only for fixed-asset types — pre-selects the category when an asset is created from a bill line) and Active.
- Click Create account.
Bank, cash and credit-card accounts created here appear in Banking automatically.
#Editing, archiving and deleting
- Click the code or name (or Edit) to change an account; Save changes.
- Inactivate hides an account from pickers and lists while keeping its history; Activate brings it back.
- Delete is only for accounts created by mistake that have never been used. Predefined accounts cannot be deleted.