Adding General Ledger Accounts
How to add General Ledger Accounts.
Create a New General Ledger Account
- Open the Ledger module by double clicking on 'Ledger' in your tool bar.
Note, in this module, you can keep track of sales, purchases, payables, receivables, and tax calculations.
You will find all general ledger accounts automatically created by CurrencyXchanger listed under 'Main Accounts'.
- Click 'New' to add a new General Ledger Account.
Note you may also edit or delete accounts within this window by selecting the Main Account then clicking 'Edit' or 'Delete'.
Name the new account and select the account type.
- Type in the account you wish to add in the field 'Ledger Account Name'.
- Hit <Tab> on your keyboard.
A list of account types will appear.
- Each account falls under an account type. Select the account type, for example select 'Asset' for equipment and click 'OK'.
- Under 'Description' you may add additional information or examples to help other users in understanding the components of the account you added.
You may also add Sub-Ledger accounts within each General Ledger Account. - To do so, click 'Add Rows'.
- Enter as many Sub-Ledger accounts as you need by typing them in after clicking 'Add Rows' for each addition.
- When you are finished, click 'Save'.