Adding accounts to my chart of accounts

When you record financial transactions in ManageCasa, you categorize them using your Chart of Accounts. When you record an income, expense, or deposit, you must select at least one account. Depending on what account type you created, it is either booked as a credit or a debit transaction. ManageCasa will apply each recorded transaction towards the account that you have selected and will later show those numbers in the right place in your financial reports. 

ManageCasa has a default list of accounts specialized for property management. You can get add, edit, and remove the default accounts at any time. You can have one single account (for example utility) or track transactions by several accounts (electricity, gas, water).

Adding a new account

1. Navigate to the Accounting from the left side menu. Click the Chart of Accounts tab on the top menu.

2. Select Add additional account on the bottom of the screen

3. You will be prompted to create a new account with the following information:

   • Name the account (for example utility)

   • Optional: Add a sub-account (electricity)

   • Choose the account type

   • Add a description to the account

4. Click Save to create a new account