Chart of accounts

In this procedure you can register additional accounts in the chart of accounts, modify settings, or delete accounts from the chart of accounts. Budget data is also handled in the procedure.

When you start up a new system a standard chart of accounts is included which will be used by default. You can then, when needed, add new accounts to this chart of accounts. You register accounts to be used in the current accounting and in procedures where posting of accounting orders is made. Consequently, the accounts used in the accounts receivable and accounts payable can be updated in this procedure.

For automatic posting it is required that you have determined how the account should be posted in the Standard accounts, VAT settings, Posting matrix, and Bank settings procedures.

When deleting an account, a check is made to make sure that no balance exists on the account in question. This is done to avoid deleting a current account by mistake.

The settings in the chart of account is saved per accounting year. The procedure recognizes which accounting year you are currently in when you are working with the chart of accounts. You can choose to work in another accounting year by using the button Change accounting year . If you make modifications in an old accounting year and then save, a dialog will appear asking if the following accounting years should also be affected by the change.

At the very bottom of the window you can see information about who created and/or most recently modified the information for the current record and at what time. Using the button you will access a log containing all modifications.