How do we create Accounts in Reckoner Chart Od Accounts?
Answer. Left side of the Chart Of Accounts screen [Path:–> File–> Definition–> Finance–> Chart Of Accounts] shows the default four groups and subgroups under them in a tree type structure. Select the leaf group under which you want to create an account, following screen will be shown. Select the Accounts tabpage and press add button. While creating an account the user has to enter the following information for the new account: Account name, opening balance, account type, party reference. After filling in the information press save button. Whenever any account is created the status of that account is set open, which means that transaction can be made with this account.