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2. Manage accounts

Different industries require different types of accounts. This is why it is necessary to put together your own chart of accounts. The accounting is therefore equipped with a generic SME chart of accounts in the beginning. You can adapt or completely change this chart anytime.

You can edit an account by double-clicking its entry in the table. Choose a default tax rate (e.g. for a revenue account), define targets (budgets) or add notes here. Create, change or delete accounts as needed. To delete an account, it must not contain any book entries. You can name the accounts as you like.

If you're unsure about choosing the right chart of accounts for you, we recommend talking to people from the same industry. A well thought-out chart of accounts will pay in the long term since it gives you a better overview of your finances.

 

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