Chart of Accounts & Opening Balance Sheet

Set up the company's accounts, then carry the balance sheet over from your old books as Finday's opening balances.

Part: SetupIn the app: Accounting › Chart of Accounts

Tutorials

  1. Set up the chart of accounts

    Your chart of accounts is ready for transactions and reports, with the account codes your company already uses.

    4 steps

  2. Enter the opening balance sheet

    The balance sheet from your old books is recorded in Finday as one opening journal at the cutover date.

    5 steps

Something still unclear?

Ask us on WhatsApp. The Finday team replies during office hours and can walk you through it in your own account.