How accounts are numbered
- 0000 to 0999 fixed assets, 1000 to 1999 current assets, 2000 to 2999 liabilities, 3000 to 3999 capital.
- 4000 to 4999 income, 5000 to 5999 direct costs, 6000 to 8999 overheads, 9999 suspense.
- Key accounts include 1100 Trade debtors, 1200 Bank current account, 2100 Trade creditors, 2200 VAT, 2210 PAYE and National Insurance, 2300 Directors' loan account and 3100 Profit and loss account.
Adding an account
Open Chart
On the client, open the Chart tab.
Fill in "Add an account"
Enter a code and name, choose the heading it goes under in the accounts and the kind of account, and a usual VAT code if it has one. Fixed asset accounts also take the class of asset and whether the account holds cost or depreciation.
Save
Press "Add the account".
Renaming and archiving
Open an account to rename it or change its heading. The change carries through every report and the next accounts built. An account can be archived once its balance is nil.
Accountin is opening to its first practices
Register your practice and we will contact you to set up your account.