The Chart of Accounts section in the admin portal allows you to manage and organize your organization’s financial accounts. The chart of accounts is a structured list of all the accounts used in your accounting system to categorize and track financial transactions. In this section, we will explore the functionalities and features available for managing the chart of accounts.

1. Accessing the Chart of Accounts Section

To access the Chart of Accounts section in the OpenScope ERP SAAS admin portal, follow these steps:

• Open your web browser and enter the URL: https://dev.openscope.in/admin/accounting/chart_of_accounts
• Log in to your admin account using your credentials.
• Once logged in, you will be directed to the Chart of Accounts section automatically.
  
  

2. Account Listing

The Chart of Accounts section typically presents a listing of all the accounts defined in your accounting system. The listing includes details such as the account number, account name, account type, and any associated sub-accounts. This listing provides an overview of your organization’s accounts, allowing you to manage and track financial transactions effectively.

3. Creating an Account

To create a new account in the chart of accounts, follow these steps:

• Click on the “New Account” or “Create Account” button, usually located at the top or bottom of the page.
• Enter the necessary information for the account, including the account number, account name, account type, and any relevant sub-accounts.
• Save the account once all the details have been entered.
  
  

4. Editing or Deleting Accounts

In certain cases, you may need to modify or remove accounts from the chart of accounts. The Chart of Accounts section often allows you to perform actions such as:

Editing Accounts: If permitted, you can edit specific fields or details of an account, such as the account number, account name, account type, or any associated sub-accounts. Please note that some restrictions may apply depending on the system configuration and any associated transactions.

Deleting Accounts: Exercise caution when deleting accounts, as it may impact your financial records and reports. Ensure that there are no active transactions or dependencies associated with the account before deleting it.

5. Viewing Account Details

Clicking on a specific account from the listing will allow you to view detailed information about that account. The account details page typically includes:

• Account Number: A unique identifier for the account.
• Account Name: The name or description of the account.
• Account Type: The type of account, such as assets, liabilities, equity, income, or expenses.
• Sub-Accounts: If applicable, any associated sub-accounts or categories within the main account.

6. Exporting Account Data

The Chart of Accounts section may offer options to export account data for further analysis, reporting, or integration with external systems. Look for export buttons or options within the section to export accounts in a suitable format such as CSV or Excel.