Help Centre/Paycycle Basics/Settings
Chart of Accounts
James Knox
posted this on November 15, 2011 12:21 pm
This article provides an overview of your Chart of Accounts in Paycycle, as well as related topics on how to Add, Edit and Import your accounts.
If you are unsure as to what the Chart of Accounts are, or you would like some further information on how to classify differnet account types, jump over to our FAQs section and see "What is a Chart of Accounts?" for some further information.
If you use another accounting system, you can manually enter the accounts that relate to payroll on this page. If you are a Xero user, you can Import your Chat of Accounts from Xero.
Whenever you make changes to your chart of accounts in your accounting system, it's a good idea to import the chart of accounts again. Accounts with the same number won't be duplicated but their names will be updated. New accounts will also be added.
Navigating to the Chart of Accounts
1. Click Settings
2. Click Chart of Accounts
Using the Chart of Accounts
1. Click + Add Account to add a new account (How to Add a New Account)
2. Click Import from Xero to import your Chart of Accounts from Xero (Importing your Chart of Accounts from Xero)
3. Click the Check Box next to the account to select the desired account to perform an action
4. Click Delete to delete an account
5. Click the Account to Edit an Account (How to Edit an Account)
6. If an account is Locked, it is being used somewhere in Paycycle and cannot be deleted. However the Account Name and Account Type can be Edited.