- 09 Dec 2021
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Chart of Accounts
- Updated on 09 Dec 2021
- 1 Minute to read
-
Comments
What Is the Chart of Accounts?
Your chart of accounts is essentially a map that matches every item you sell to a financial account. You access the chart of accounts page via Settings > Invoices & tax > Chart on the Admin Panel
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Why Set up Your Chart of Accounts?
Setting up your chart of accounts is a crucial step if you plan on using one of our accounting integrations.
Every time you transfer invoices to an integrated accounting platforms, Nexudus tries to match each invoiced item to a financial account on the accounting platform. If invoice items aren't assigned a financial account or the accounts don't match, the invoice transfer fails.
Setting up your chart of accounts is also a great way to get the most accurate revenue reports.
Chart of Accounts Sections
You can access your chart of accounts via Settings > Invoices & tax > Chart. It includes the following sections:
- Products
- Plans
- Resources
- Tickets
- Passes