Chart of Accounts

The chart of accounts (COA) lists all accounts used in the general ledger of a company. In NCL Accounting, the COA is sorted in order by account number to help you easily locate specific informations.

You can set up new chart of accounts by going to G. LEDGER menu > Chart of Accounts > .

Key in all the required fields that are marked with a * and then click Save.

coa

If you don't know what code to put for your new COA account, you may follow our standard rule. For example, all expenses accounts start with 9xxx/000 whereas our cash and bank account starts with 3010/xxx.

You are advised not to change any Account Type* or Code* for existing chart of accounts as it may affect listing in other modules such as Account Inquiry.