Chart of Accounts

 

                    

 

 

This form displays the Account Types and their Sub Accounts.  These are used for grouping accounting categories.

 

There are three levels of Accounts.

 

Account Types:

          The accounting for reports is divided into 6 Acct Type categories:

 

          1.)  Commissions: which include sales commissions and over-rides.

          2.)  Bonuses: which include sales, performance, contests, etc.

          3.)  Advances: which include money given to be deducted from earnings.

          4.)  Deductions: which include fuel, supplies, vehicle maintenance, etc.

          5.)  Savings: which include contributions and withdrawals.

          6.)  Other: which includes payment to ledger balance and misc.

 

Accounts:

Each Account Type may be divided into Accounts that fall under the Acct Type category.  You can display the Accounts by Searching the Account Type and selecting from the list. This will display the Account below.

 

Sub Accounts:

Each Account can be broken down into Sub-Accounts that fall under the Account category.  These Sub-Accounts appear on certain reports.

 

Account Types and Accounts cannot be changed, but you may add your own Sub-Accounts.  To add Sub-Accounts, select the empty box under "Name" in "Sub-Accounts" and enter a name maximum 20 characters long.  You can then type a description if you like.