Manage Chart of Accounts

Managing Chart of Accounts

1. Go to Accounting → Chart of Accounts.
2. Click New Account to add a code — enter the code, name, and account type.
3. To edit an existing account, click its row and update the fields.
4. Accounts with posted transactions cannot be deleted; use Archive instead.
5. Archived accounts are hidden from dropdowns but retain their historical data.

Where to go next

• Understand the whole module → How Accounting Works
• Next in this module → Revenue Recognition (ASC 606 / IFRS 15)
• Reconcile a Bank Account
• File a VAT Return
• See where this fits in the bigger picture → How a Lead Becomes Cash