How to Add a New Ledger Account to Chart of Accounts [Quick Tip]

Go to LDG > Maintenance Options > Chart of Accounts

Choose 1. Add New Account

1. Open

   

Key in the desired account code (required), detail code (optional), and profit center (optional). To see the existing chart of accounts, hit the search icon

1. Open

   

Key in the description and type of account. Before and After This Account are used for printing and appearance of the account when printing a financial statement. Reverse Sign can be used for accounts with credit balances on financial statements.

Select Next.

The input fields displayed on the third screen are determined by the Type Of Account specified above. Example of Type of Account = Posting:

Once finished with the third screen, select OK, and the new account has now been added and is ready to be used.