Create ledger account
A general ledger is prepared from several general ledger accounts. This provides insight into the costs and revenues of a company. Every ledger account has a unique number and description. The general ledger accounts are divided into balance sheet accounts and profit and loss accounts. Examples of balance accounts are a building, machines and depreciation. Examples of income statements are turnover and purchasing costs.
2. In the right submenu, choose General ledger accounts;
3. Choose + New general ledger account;
5. Click on Create ledger account to create.