Creating accounts

Step 2: Enter basic information about the account

Step 1 > 2 > 3 > 4 > 5 > 6 > 7

If you haven’t already read the Accounts Overview, see Creating accounts for more information.

  1. Mark the Header, Detail or Detail Checking field to choose a level for the account.

  2. Enter a number, name and opening balance for the account.

  3. Enter a tax code for the account in the Tax Code field or click on the Search icon and choose a valid tax code from the displayed list. This is a mandatory field.

    You can assign a tax code to an account. The tax code you assign will be used by default in Make a Deposit and Write Cheques transactions and in non-item sales and non-item purchases allocated to this account.

Creating accounts - Step 2