How to create a NEW account (Chart of Accounts)?
1. Click the “CREATE NEW ACCOUNT” button found at the top right of the CHART OF ACCOUNT section.
2. You will be redirected to this page. Provide the General Ledger (GL) Account Class Type Key.
a. Choose the class type key.
b.Provide the Parent GL Account.
c. Provide the Account Code. Make sure it follows the format you have for the other codes within the account.
d. Provide the Account Name, the nature of the account (Description).
3. Click the “ADD”.
4. A notification message will appear at the top left of your screen indicating your successful entry. Check if your entry has been added to the CHART OF ACCOUNTS.
NOTE: Make sure you have the correct Parent GL Account Code and the Account Code; or if you want to add a new one, make sure the new account does not share the same code with a different account.