AccountingLevel: Beginner 12:40
How to Set Up Chart of Accounts & Financial Hierarchy
Learn how to configure your company chart of accounts, define parent groups, and manage ledger accounts in TechoERP.
What You Will Learn
- Understanding Root Account Groups (Assets, Liabilities, Equity, Income, Expenses)
- Creating sub-groups and operational ledger accounts
- Configuring Currency and Account Numbers
- Validating trial balance and hierarchy structure
Related Documentation Guides
Read detailed step-by-step documentation articles related to this video:
Video Notes & Transcript
In this video tutorial, we explore the complete process of establishing a robust Chart of Accounts in TechoERP. Start from Settings > Accounting > Chart of Accounts. Create custom groups under Current Assets and Operating Expenses, assign proper currency settings, and link ledger accounts directly to supplier and customer groups.