The chart of accounts presents a tree structure of every account used for transactions in the general ledger.
The chart is used by the accounting module of OpenCBS Cloud to aggregate information for the purpose of producing financial statements.
The chart is presented by account number, to ease the task of locating specific accounts. The accounts in OpenCBS Cloud are numeric.
In order to create a new account at any level in the chart of accounts' tree, hover the mouse pointer on the line corresponding to the account to let two icons appear (plus sign and pen). Click on + (plus) and fill-in the fields in the pop-up window.
- Name - the name of the account
- Number - account number
- Branch - pick the branch from the dropdown list
- Account type - choose Debit or Credit radio button.
Click on Save or Cancel buttons to save or discard your changes respectively.
Similarly, you can edit any account by using the pen icon.