How to add new account name or ledger?

You can add a new account or ledger name under any of the main groups. You can add a group as per your need. The main groups are:

• Income: like- Maintenance Charge, etc.
• Expense: like – Salary, etc.
• Assets: like Sundry Debtors, Cash, Bank, etc.
• Liabilities: like Sundry Creditors, Tax, etc.

To add a new account:

• Go to Accounting -> Account Master

• You will see the accounting charter or account master. Enter details:
  • Account Name
  • Select Group
  • GL Code  ( General Ledger Code)

• Click  Add to save the new Account

How to add opening balance against account name?

How to add new group?