In any financial event, an amount is deducted (credit) from one place and added (debit) to another. In Bkper we refer to these places as Accounts, and the transferrals between accounts are Transactions.
Chart of accounts
The chart of accounts on Bkper is a consistent but flexible structure that allows you to represent your activities and track the resources that are relevant to you. Start off simple with a few, generic accounts and little granularity and as you learn you can add more detail or restructure your chart of accounts to support changing needs for reporting and analysis.
Create Accounts on the Accounts Page
Go to the Accounts page.
Press "New Account" button.
Give a name to your Account.
Choose an Account Type.
Save the new account.
Types of account:
Asset: real account like bank account, cash and savings or receivables, like customers
Liability: debts like your credit card, a supplier or person you owe, a loan, etc
Incoming: revenues like the salary you receive, a product or service you sell, etc
Outgoing: expenses like rent, transportation, salaries of your employees, etc
Create Accounts on existing book with Groups
On a book that already has groups you can create/add accounts directly from the left menu on your book.
Press the sandwich button on the group
Choose Add new account
Name the new account
Press Save
Edit Accounts
Hover over an account and press the vertical dots button
Select Edit
Make your edits
Save the changes
Note: You can edit an account at any time and changes will not affect the balance value.
Delete Accounts
In case an Account was never used in any transaction on Bkper you can delete it, otherwise you can only archive used accounts.
Hover over an account and press the vertical dots button
Select Delete
Click Yes to confirm the permanent removal of the account
Note: Deleted accounts can be recreated by creating an account with the same name.
Archive Accounts
Once an Account has been used in any transaction, it can only be archived (not deleted). A requirement to keep consistency in the historic balance evolution of the double entry system.
Hover over an account and press the vertical dots button
Select Archive
Note: Archived accounts cannot be used in searches anymore.
Unarchive Accounts
Since archived accounts make part of the historic evolution of a balance value you can still use them by unarchiving them.
Go to the Chart of Accounts
Select Archived from the left menu
Select the account you want to unarchive
Press the button Unarchive.
Add account to group
Hover over an account and grab the account by the left marker
Drag the account into a Group
Remove account from group
Hover over an account and press the vertical dots button
Select Remove from Group
