Configure your chart of accounts here in order to integrate with your General Ledger. Accounts created here will be available in various dropdowns throughout the application, depending on their Type.
Accounts include the following types, and allow entry of GL numbers and Account Names. If you don’t fill this out, the defaults will be used:
Receivables: It is required to have at least one Account Receivable (AR). However, you're able to add more than one.
- All sales/payments will be logged against the Account Receivables created
- All ARs must be set at the funder level
Bank: Edit or create for each bank account against which you’ll be logging payments.
Expense: This will be used to write off amounts for payments that will never be collected.
Revenue: Create a revenue account for each cost center; these will be applied to each bill code and be logged against for each visit and/or credit note.
Liability: If your services are taxable, enter each tax account that will need to be logged for each visit. Each Liability account (e.g. HST) will sum the amount of tax the agency owes.
Create an Account
- To see configured Accounts, go to Accounting>Accounting Settings>Accounts
- Click +New Account
- In the resulting dialogue, enter a Nameand select a Type. Optionally, you can also enter a GL Number. For consistency in the GL, only the name will be editable once the account is saved.
- Click Save.
Edit an Account
Click Edit for the account.
Disable an Account
Click Disable for the account.
