Advanced Accounting allows owners to have the same accounting features as an accountant, including these tasks:
-
Manage the Chart of Accounts structure
- Create, edit or archive accounts in the Chart of Accounts
- Create Journal Entries
To activate Advanced Accounting, use the below steps:
- Go directly to Accounting preferences here, or select the Settings section
- Under Advanced Preferences, select Accounting
- Slide the toggle next to Advanced Accounting to turn it on. The changes will save automatically.
![Toggle enabled next to Advanced Accounting.]()
To get a direct line of sight into the health of your business, get started on any of these:
- Create journal entries or review them in the Journal Entry report
- Customize expense categories to manage your expenses and bills
- Compare and match your financial records with your bank records through Bank Reconciliation
- Manage your Chart of Accounts structure