![]() Each of the other six classifications has just one account type, each named the same as the classification.Ī part of your financial year. Detail accounts have multiple asset (Bank, Accounts Receivable, Other Asset) and liability (Credit Card, Accounts Payable, Liability, Other Liability) account types. For header accounts, account type names are the eight account classifications. Each AccountRight account must have a unique number.Ī label assigned to each account to indicate its classification. The account number identifies an account. One of the eight accounts groups in the Accounts List: Assets, Liabilities, Equity, Income, Cost of Sales, Expense, Other Income, Other Expense. ![]() Each AccountRight account must have a unique number. Header accounts are used to summarise and group multiple detail accounts. Transactions are assigned directly to detail accounts. ![]() Accounts in AccountRight are in one of eight classifications:Īccounts can be set up as header or detail. Something to which transactions are assigned. ![]() ![]() A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z A ![]()
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