1. Actionstep
  2. Accounting
  3. Accounting basics
  • Adding a System Account

Adding a System Account

Avatar
Actionstep

Overview

The most common reasons for requiring the addition of a system account is when setting up to use FX, or for setting up the AR & AP offsetting accounts for cash accounting.
For Example: (FX) The ActionStep System will have a linked account for Accounts Receivable in your Base Currency. If you then enable multiple currencies and make a sale in one of them, you will need an Accounts Receivables account in that currency. Please see the User Guide on Foreign Exchange for a list of the additional accounts required.
First, you must ensure that you have created the account in your Master Accounts list.

 
Then go to Admin > Accounting > System Accounts:
mceclip0.png

This will take you to the System Account Editor where you select the system account, currency and account you wish to map to.
mceclip1.png

Then click "Save".

Return to top