The Chart of Accounts screen is the list of all of your G/L accounts.

The upper part of the screen allows you to add a new GL Chart of Accounts Record through the Add a New GL Chart Of Accounts Record

The lower part of the screen includes a listing of all the GL accounts.

Account No: These are the account unique identifies for all the accounts in the GL

Inactive: This describes whether the account is active or dormant

Account Description: This is the account description/account name

Finance Type: This describes the financial statement associated with the account

Statement Account Type: This describes whether this is an asset or liability account

Balance Type: This describes whether the account has a debit or a credit

Summary Type: This describes whether this is a summary or detailed account

Note: This is additional optional information on the account

The Add New GL Record Screen allows you to add a new account record to the GL

Account Number : This is the account number for the new record

Location Identification: This describes the company or location

Inactive: Describes whether the account will be active or inactive

Account Description: This is the name of the account

Finance Type: This describes the financial statement associated with the account

Statement Account Type: This describes whether this is an asset or liability account

Balance Type: This describes whether the account has a debit or a credit

Tax Code: This is a unique identifier for the type of tax associated with the account

Account Type : Describes whether it is a tax, purchase, sales, account receivable, payable or inventory control account

Summary Details: This describes the summary frequency whether daily, weekly etc

Notes : This is additional information on the account

View GL Summary Report: Allows you to view the GL Report after population of all details

Add: This button allows you to add the account after filling in the details.