Chart of Accounts
After completing the setup, you are presented with Chart of Accounts which is bootstrapped for you based on the country you selected in the Setup Wizard.
The Chart of Accounts forms the blueprint of your organization. The overall structure of your Chart of Accounts is based on a system of double entry accounting that has become a standard all over the world to quantify how a company is doing financially.
The Chart Of Accounts is displayed in a Tree format according to the Parent-Child relationship among the accounts. You can add/remove any Accounts as you like.