Click on "Add account" 

Fill in the account name. Required. Every account needs a name, and the account name should make it very clear to the user what kind of transactions should be posted to the account. e.g. Agistment Income, Phone Expenses.

Fill in the Account ID. Every account needs an Account ID (number). Every account in your database has an account ID that is a certain number of digits long (e.g. 5 digits). Don’t deviate from this convention.

Select the property. Most accounts you create will be Property = Other. This type of account can be ‘posted’ to (you can record transactions to it). You may sometimes create Bank, Header and Total accounts, but we recommend you do this under instruction from Ardex support. We recommend you never create accounts with type Trade Debtor, Trade Creditor, Interim etc. These accounts are set-up by Ardex.

Select the add to Account. Required. With a few exceptions, every account should add up to another account. For example Agistment Income, Farrier Income and Veterinary Income may all add up to Total Income. It is very important to get this right - just use the COPY method.

Choose the account type. If the account is an Income, Cost of Sales or Expense account, it is a Reset (P & L) Account. If the account is an Asset, Liability or Equity account, it is a Cumulative (Balance Sheet) Account. If you don’t know what an asset or liability account is, you shouldn’t modify your chart of accounts.

Select credit or debit. Does this type of account normally have a Credit or Debit balance? Income, Liability and Equity accounts normally have a Credit balance. Asset, Cost of Sales and Expense accounts have a Debit balance.

Enable posting of journals. Bank Credit - Tick for all ordinary income and expense accounts, so bank deposits can be assigned to the account (e.g. interest income received). Bank Debit - Tick for Bank Accounts (and Credit Card Accounts), so the account can be selected as the ‘deposit to’ account for bank deposits. Adjustments Credit - Tick for all ordinary income and expense accounts, so the account can be selected in the adjustments screen for posting credits. Don’t tick this for bank accounts. Adjustments Debit - Tick for all ordinary income and expense accounts, so the account can be selected in the adjustments screen for posting debits. Don’t tick this for bank accounts. Payment Credit - Tick for Bank Accounts (and Credit Card Accounts), so the account can be selected as the ‘pay from’ account for bank withdrawals.Payment Debit -Tick for all ordinary income and expense accounts, so bank withdrawals can be assigned to the account (e.g. bank fees paid). Expense Debit  - Tick for all ordinary income and expense accounts, so supplier expenses can be assigned to the account.