Chart of accounts
Customize the categories Arketa Accounting uses to track what you earn, spend, own, and owe.
Your chart of accounts is the list of categories you use to track your business finances. Arketa starts you on a standard set built for studios, and you can customize it to match how you think about your business.
Go to General Ledger in the navigation bar at the top of the Accounting tab, and set the toggle to Chart of accounts.
Account attributes
| Attribute | What it does |
|---|---|
| Parent | The account or category your new account sits under. This is what keeps the hierarchy clear. |
| Name | What the account is called on your reports and financial statements. |
| Type | The high-level category: Assets, Liabilities, Revenues, Expenses, or Equity. |
| Sub-type | Fills in automatically from the parent. You can change it. |
| Normality | Fills in automatically from the parent. Determines how increases and decreases are recorded. You can change it. |
Create an account
- Click Add account.
- Fill in the dropdowns and fields.
- Click Save at the top of the window.
Edit an account
- Click the icon on the right side of the account you want to change.
- Update the attributes you want. Type is locked and can't be changed on an existing account.
- Click Save at the top of the window.
Frequently asked questions
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