Enable the accounting module

When you enable the accounting module, you can set up a Chart of Accounts, add and change journal entries, and print accounting reports so that you can maintain your accounting books in OnBalance.

1. From the company setup menu,

   To open your company setup menu, click your company name in the upper-right corner.

   For more information, see company setup menu.

   choose My Account.
2. In the Accounting section, turn on the accounting module.
3. At the prompt, click Yes.
4. Enter the start and end date for the accounting period.
5. Click Save.

Once you enable the accounting module, you will see Accounting in the navigation panel in your next login to OnBalance.

OnBalance automatically creates a Chart of Accounts with default accounts for automatic journal entries. You can also create new accounts if you need those accounts for your business.

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