Chart of Accounts

This guide provides step-by-step instructions on how to navigate to the Chart of Accounts within NexWaveERP and setup and/or make edits to specific accounts. It is useful for individuals who need to understand and modify their organisation's financial accounts.

Step 1: Navigate to the Accounting Menu

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Step 2: Click "Chart of Accounts"

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Step 3: The default List View of the Chart of Accounts will be displayed

The default List View of the Chart of Accounts will be displayed. Selecting the List View Button will allow you to change the view.

Step 3

Step 4: Click "Tree" view to see the Chart of Account Hierarchy

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Step 5: You can drill down through the Hierarchy

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Step 6: The Chart of Accounts supports multiple levels within the Hierarchy

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Step 7: Select a lowest level account within the Tree

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Step 8: Click "Edit" next to the Account

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Step 9: The Account Record will now be displayed in full

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Step 10: The Account Type determines the overall type of account and thus whether it…

The Account Type determines the overall type of account and thus whether it appears on the P&L or Balance Sheet. Click on the Drop Down to see all the account types supported in NexWaveERP.

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