Chart of Accounts

Charts of accounts are useful to see all the default accounts of the system and to create your own custom accounts in the system.

To use the feature, go to WP Admin Dashboard → WP ERP → Accounting → Chart of Accounts.

After that, you will be able to see the following chart of accounts of the Accounting module. 

Functionality

Maintaining the chart of accounts properly is the best way to manage your ledger accounts in every different sector. From this page, you will be able to see all the accounts on your financing system.

Suppose, you click on the office equipment:

After clicking, you will be able to view the ledger report of this account:

You can see the debit balance or the credit balance of your Ledger report.