Balance Sheet Account: Create

To create a new account, go to the Financial > Setup > Budget Accounts > List screen. Then click the  button:

Clicking  brings up the "Add Account" dialog.  The actual fields displayed are dependent on the "Type of Account" you are creating - Balance, Expense or Revenue.  Below you will find instructions for adding each type of account.

Adding Balance Sheet Accounts

All fields must be filled in:

• Account Number - this field is mandatory but will actually be generated as each piece of the account number is built below.
• Description - Description for the account.  This field is mandatory.
• Type of Account - Balance - This is the creation dialog for Balance Sheet Accounts.
• Fund - use the drop-down to select the Fund. This is the "1st dimension" of each Account number.
• Balance Sheet - use the drop-down to select the Balance Sheet code.  This is the "2nd dimension" of each Account number.

When these have been selected, click Add to create the account.