Customizing the Software
The software is set up to operate on a monthly accounting period using the calendar year. If your company has a different fiscal year, when you enter that information the software will automatically format the 12 months based on that fiscal year.
Your next task is to set up the chart of accounts. The software has numerous charts of accounts to choose from based on different business types. Select the one closest to your needs and then customize it specifically based on the chart of accounts you have designed.
After you finish the chart of accounts, you’ll be asked for your bank information. Your main bank account will be used for the Cash in Checking (1000) account. If you have other accounts, you can enter them in ...