Module guide
Accounting: books that follow every project
Set up the chart and the project accounts once, post entries that carry the project, collect and pay, reconcile the bank and close the year.
2 stages6 stepsIncludes video
Step 1 of 6: Find your way around the chart of accounts
Stage 1 of 2Set up the books
Find your way around the chart of accounts
Level-5 accounts only
Only level-5 accounts of a branch accept postings; the posting screens list only those.
Read the help articleOne chart per branch
Switch to another branch's chart or to the master template.
Read the help article
Open Accounting › Accounts › Chart of Accounts. The chart has five levels: levels 1 to 4 group accounts, and level 5 holds the accounts that receive postings. Each branch keeps its own copy, under a Master template that never receives postings.
Switch on Postable accounts only to see just the accounts you can post to, and use Scope to move between branches. A new account takes the next free number under its parent and is added to every branch at once, so all branches keep the same structure.