Chart of Accounts

What it does

The Chart of Accounts is the backbone of your accounting. It lists every account used to categorise transactions — assets, liabilities, equity, income, expenses, and cost of goods sold. Numbors seeds a standard chart which you can customise.

Key actions

• Add, edit, and disable ledger accounts
• Seed default accounts for your industry
• Duplicate and bulk-manage accounts
• Import and export chart of accounts
• View account balances and drill into transactions

Getting started

Go to Accounting > Chart of Accounts. Review the default accounts and add or modify any that are specific to your business. Most users only need minor adjustments.