Create a New Ledger Account

1. Click Settings.
2. Select Chart of Accounts (or More, Settings, Chart of Accounts in Start).
3. Click New Ledger Account (or New Category in Start).
4. In the New Ledger Account window, select a category.
5. Complete all required fields.
6. Tick the categories where you want to activate access for this account.
7. Click Save.

Sage Accounting adds the new ledger account to your chart of accounts under the selected category.

Error message

“This account is already used”
This message appears when you try to create a ledger account with a number already in use.
Check the list and change one digit to create a unique ledger number.

Important Information

1. You can’t delete ledger accounts after creation. You can only exclude them from the chart of accounts.
2. Ledger account numbers must be numerical.
3. The maximum length for a ledger account number is eight digits, including the category digit.
4. Use 6-digit ledger numbers for the best results.

Additional Information

When you post transactions or create invoices, Sage Accounting suggests ledger accounts based on the entered information. This helps determine which ledgers are valid options.

How to add and manage categories