Accounts

An account is the record of financial transactions of an organization, business, or person. It is used to track money and monitor assets, liabilities, and equity. It can be used for personal finance, business operations, or other purposes to help manage and organize financial information. Read More

To navigate to the account page, follow these steps:

1. On the dashboard, click on “Accounting”.
2. From the drop-down, click on “Accounts”.
3. You will be redirected to the account page.

NOTE:

• On the accounts page, we have the income accounts, expense accounts, and inventory accounts. 
• You can also search, filter, and sort for income accounts. 
• You can view the details of each account by clicking on the “Arrow” icon under Action.

Expense Accounts

An expense account is used to track and record expenses incurred by an organization. To navigate to the expense page, follow these steps:

1. On the dashboard, click on “Accounting”
2. From the drop-down, click on “Account”.
3. From the account page, click on “Expense Accounts”.

NOTE:

• You can also search, filter, and sort for expense accounts. 
• You can view the details of each account by clicking on the “Arrow” icon under Action.

Inventory Asset Accounts

An inventory asset account is an account that is used to track the value of the company’s inventory. This shows the cost of the inventory that a company has on hand, which includes raw materials, work in progress, finished goods, and so on. Read more

To navigate to the inventory asset account, follow these steps:

1. On the dashboard, click on “Accounting”.
2. From the drop-down, click on “Account”.
3. On the account page, click on “Inventory Asset Account”.

NOTE:

• You can also search, filter, and sort for inventory asset accounts. 
• You can view the details of each account by clicking on the “Arrow” icon under Action.