Required Accounting and Bookkeeping Details

  1. Default Bank Account –
    This is the default bank account used when writing checks.
  2. Income Transfer Account –
    A “Non-Postingchart of account type.
  3. Current Year Income Loss Account – An “Equity” chart of account type.
Company Details Input Screen
Company Details Input Screen
Company Details Default Accounts Screenshot
Make sure to set the default accounts!

Import a Chart of Account from A CSV File Created with Excel