Charts Of Accounts
The Chart of Accounts page offers a structured view of all general ledger accounts utilized in the banking system. Users can view, add, edit, and delete accounts, ensuring accurate financial reporting and analysis.
Accessing the Chart of Accounts Page
Log into the banking application using your credentials.
Navigate to the Reports section.
Click on Financial Report.
Select the Chart of Accounts page from the list of available reports.
Understanding the Chart of Accounts
The chart of accounts is organized in a hierarchical structure, typically using a numbering system to classify accounts by their type and purpose. The following levels are commonly used:
Level 1: Class of Account (e.g., Assets, Liabilities, Equity, Income, Expense)
Level 2: Main Account (e.g., Cash and Cash Equivalents, Loans and Advances)
Level 3: Sub-Account (e.g., Cash in Hand, Cash in Bank)
Level 4: Detailed Account (e.g., Current Account, Savings Account)
Features of the Chart of Accounts Page
Account Hierarchy: Visually represents the hierarchical structure of accounts.
Account Details: This option displays detailed information about each account, including its code, name, description, and balance.
Export: Enables users to export the chart of accounts to various formats (e.g., CSV, Excel, PDF) for further analysis or reporting.
How to Export the Chart of Accounts
Navigate to the Chart of Accounts Page: Access the Chart of Accounts page.
Select Export Format: Choose a format for exporting the data, such as CSV, Excel, Print or PDF.
Click the "Export" Button: The "Export" button is usually located at the top right corner of the page.
Initiate Export: Click on the selected format to start the export process.
Save the Exported File
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