Editing and adding Chart of Accounts

When the Chart of Accounts is first imported to Shiftsuite Accounting, there is a setup that needs to be done and this is by editing the Chart of Accounts.   To do this you will need to navigate to Accounting-List Maintenance-Chart of Accounts.   Once there you can right-click your mouse and select Edit or click your mouse on the account and click on the edit icon at the top of the form.  To add a new account, simply click New and fill out the Account form.

On the Edit Account form, you can make changes to the Type, Account Number, Name, make it a subaccount (subaccount makes the account you enter the parent and this one the child account), add a Description and also make it a Default Account.

If you are creating a Bank account, make sure you update the Banking Account Details.  

Any Account that is not needed anymore, make sure that has a zero balance and uncheck the Is Active? box