Chart of Accounts

What you can do here

• Create and organize account categories.
• Assign account codes and opening balances.
• Keep accounts aligned with reporting needs.

Before you start

• Core Accounting access is required.
• Have your account structure ready for import or setup.
• Define account groups like assets, liabilities, and equity.

Step-by-step

1. Open Chart of Accounts in Core Accounting.
2. Add new accounts and assign account codes.
3. Set opening balances where needed.
4. Review account hierarchy for accuracy.

Tips & Common mistakes

• Use consistent naming across all accounts.
• Avoid creating duplicate accounts for similar purposes.
• Review account usage before making structural changes.

FAQ

Next steps