To setup a chart of accounts into the In4Suite system, follow the below steps:

Step 1: Navigate to Finance > Configure > Chart of Accounts > Chart of Accounts

Note: You can create new account groups and ledgers directly within this tab or upload an existing chart of accounts from a local disk if it has already been defined outside the system

Step 2: Choose a company from the Company drop down field.

Step 3: Click Add New.

Step 4: Clicking Add New opens a new Group/Ledger Name creation form. Select the Company, Account Type, and Parent Group from the dropdown options. Then, enter a Group/Ledger Name and click Submit.

Alternatively,

Click Import XML on the top right corner of the screen and upload the chart of accounts if you have it ready in an XML format on your local disk.

Note: You can revisit and edit a Group/Ledger at any time.