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<< Click to Display Table of Contents >> Configuring a chart of accounts |
Access: Configuration > General Ledger > Chart of accounts
This function allows you to write a description of each general ledger account required to generate your business’s payroll entries.
Things to remember ▪If your company is using QuickBooks Online, the chart of accounts must be updated in QuickBooks. You must then click on Synchronize to import the new data of the chart of accounts. ▪The Description column displays the account name that was entered in the online interface. ▪Check the Balance sheet account box to identify the balance sheet accounts in the chart of accounts. ▪If you are using the QuickBooks Online software, uncheck the Payroll account box if the account is not linked to payroll accounting entries. |
The chart of accounts can be configured manually or imported, see Importing a chart of accounts.
1Click on Add an account.
2Enter a Number, a French description and an English description for each account.
Things to remember If you use the Elite or Oracle export templates, check Balance sheet account so that each account of the balance sheet is displayed on a single line and shows a total amount. |
3Click on Save to complete the procedure.
For more information