Adding General Ledger Accounts

What is a General Ledger Account?

A general ledger account is a label that you assign to a transaction that tells your accounting system how to report the transaction. Another way to think about it is that it's a category.

How to Add One

To add a general ledger account, you can click "Add Transaction" and select the "General Ledger Account" field. The first option in the drop down is "Add New Account", if you click this, a form will open where you can add the account details. 

You can also add a new general ledger account by going up to the gear icon in upper right hand corner > scroll down to General Ledger Accounts and click Add > Add the new account > Select Save.

When adding a new general ledger account, you'll need to specify the type of general ledger account with the "Account Type" dropdown. The general ledger account type will impact how reporting for the account works. After selecting the type, you can enter an "Account Name" and click "Add".