Click You will be provided with a list of additional options for modifying the chart of accounts. A popup window will ask you to either add new accounts or click. Selecting a Posting Method Users will next be asked to choose a way to record transactions. Users who choose the second option will be taken to a screen on which they specify the amount of billing cycles for the calendar year and choose a start date. Review the list of information required to setup a new company. Click You will then be given the option to enter the security setup.
Note that an asterisk denotes a required field. Select the option that most closely fits the type of transaction to be tracked for the new company. Selecting Accounting Periods Next, users will choose how to record fiscal periods. If you choose to enter the new account balances, you will also be asked to enter the accounting period. Click on the dropdown menu.
This simply saves individual transactions until they can be reviewed and posted in groups. Some companies, however, follow irregular billing cycles. Begin by clicking on from the main page. Click You will next be asked to accept or change the default display settings. A popup will appear and you will be able to select your defaults. For this type of period, choose the second option.
The posting method is alterable, so choosing one method does not preclude users from later switching to the other. Users may use a sample business, copy settings from an existing entry, convert from another program, build a new chart, or consolidate companies. Users who select the 12 monthly periods option will then be asked to choose the first billing cycle of the year. Click Choose a method for generating the new company. Next, you will be asked to enter new account balances or to skip that step for now. Click Selecting a Chart of Accounts Users who choose to add a new entry using a sample or existing business will be asked to select a chart of accounts. Once an accounting method has been chosen, click.
Click Enter the company information. From there you will be able to add to remove fields from the Chart of Accounts. . For companies that settle accounts at regular monthly intervals, the 12 month period is the most common selection. Most companies choose to record individual transactions as they occur. When you are finished, click. If you choose to enter the security setup, you will be asked to confirm that you wish to enter the user security setup.
Modifying the Chart of Accounts From the primary menu, choose , , and then. Please note that to setup a new company, users need the company name and address, business type, accounting type, accounting periods, and fiscal year. For accuracy purposes, however, some companies choose to batch their transactions. You will then be prompted to finish creating your company. . . .
. . . . . .
. . . . .
. . . . .
. . . . . . .