Adding ledger accounts to an existing account structure

When you first set up your account structure, you would typically use the prebuilt chart of accounts. The prebuilt chart of accounts may not have all the accounts that you need for your business needs. However, you can add ledger accounts to the your existing account structure.

To add a ledger account to an existing account structure:

1. Open 1-7 General Ledger Accounts, and then click the data control drop-down arrow.
2. On the Ledger Accounts window, review the account numbers that are available in the Current Liabilities range. If you have three business credit cards by three different issuers, determine three account numbers to use.
3. Close the Ledger Accounts window, and in the data control box, enter a ledger account number.
4. In the Short Name and Long Name boxes, type names.
   For example, for a bank issued credit card, you could type, “Bank name—VISA.”
5. Press Ctrl+S or File > Save.