Chart of Account (CoA)

Chart of Account is a tree structure master which allows user to define parent and child relationship between accounts. Also there are various account types (like Income a/c, Expense a/c, Bank a/c, Tax a/c etc.) which helps you segregate and filter out other accounts while creating transactions.

This tutorial walks you through setting up Accounts in the Chart of Account master. This is the most crucial master for getting your financial statement and other accounting reports correct.

Create New Account (CoA)

1. Open Finance Administration Workspace Select Chart of Account Doctype, or find it with Search Bar

1. Select Tree View

1. Add Child for Parent Account

1. Fill Account Name and Account Number (should continue the last number if same type account is exist)

2. Create New

It will automatically added as child of parent account