Add a New Account Record

You can create new account records. Before you add an account, print and review a list of all existing accounts.

These accounts exist outside the standard chart of accounts.

If possible duplicate records are detected during this procedure, the Potential Duplicate Records Found dialog box displays. This dialog box lists any existing record that already has the identifier that you are trying to use for a new record.

To add a new account:

1. In the Navigation pane, select Settings > Accounting > Chart of Accounts.
2. On the toolbar of the Accounts form, click + New Account.
3. In the Name field, enter the unique name by which the account is listed on reports and on other screens.
4. In the Number field, enter a unique number for the account.
5. In the Type field, specify the account type, such as Asset, Revenue, Direct, or Indirect.
6. In the Status field, specify the account status, such as Active, Dormant, or Inactive.
7. Specify the remaining account information.
8. If a default group table is specified on the General tab of the Accounting System Settings form, the table automatically displays on the Account Groups grid on the the Accounts form and you must specify detail group in the Detail Group Name field before you can save the account record.
9. Click Save.