Accounting Configuration

1. Receivable Account

Here you can select an account for receivable account.

2. Payable Account

Here you can select an account for Payable Account.

3. Ledger Account for Employee

Here you can select an account for Ledger Account for Employee.

4. Default Expense Account

Here you can select an account for Default Expense Account.

5. Default Income Account

Here you can select an account for Default Income Account.

6. Default Salary Expense Account

Here you can select an account for Default Salary Expense Account.

7. Advance Loan and Accured Salary Account

Here you can select an account for Advance Loan and Accured Salary Account.

8. Employee Tax Ledger

Here you can select an account for Employee Tax Ledger.

 9. Default Sales Account

Here you can select an account for Default Sales Account.

10. Default Sales Return Account

Here you can select an account for Default Sales Return Account.

11. Inventory / Purchase

Here you can select an account for Inventory / Purchase.

12. Default Cost of Goods Sold Account

Here you can select an account for Default Cost of Goods Sold Account.

13. Default Capital Account (CR)

Here you can select an account for Default Capital Account (CR).

14. Shipping and other charge expense

Here you can select an account for Shipping and other charge expense.

15. Shipping and other charge income

Here you can select Shipping and other charge income.

16. Default Product Tax Account

Here you can select an account for Default Product Tax Account.

17. Purchase Discount Received at Payment time

Here you can select an account for Purchase Discount Receive at Payment time.

18. Sale Discount at Received time

Here you can select an account for Sale Discount at Received time.

19. Opening Balance Account

Here you can select an account for Opening Balance Account.

20. Stock Adjustment Loss

Here you can select an account for Stock Adjustment Loss.

21. Stock Adjustment Income

Here you can select an account for Stock Adjustment Income.

22. Save 

After selecting all the required fields press "save" to configure the Selected account.