Exercise - Create a new main account

• 5 minutes

Use the USMF company account in the Contoso demo data set to create a new main account:

1. Go to General ledger > Chart of accounts > Accounts > Main accounts.

2. Select New.

3. In the Main account field, enter 110155.

4. In the Name field, enter Bank account- USMF.

5. In the Main account type field, select Asset.

6. In the Main account category field, select CASH.

7. In DB/CR default, select Debit.

8. Expand the Legal entity overrides FastTab and then select Add.

9. Select USMF > Add.

10. Select Save.