Informer comes with a comprehensive set of general ledger accounts tailored for freelancers and small to medium-sized enterprises (SMEs). However, it’s possible that a specific general ledger account you need is missing.
In Informer, you can add new general ledger accounts or modify existing ones.
To create a general ledger, follow the steps below:
Navigate to Settings in the left-hand menu;
Choose General ledger accounts and click on New;
Fill in the required details;
Number (mandatory);
Description (mandatory);
Explanation (optional);
Type (mandatory);
Revenue (profit and loss): for sales invoices;
Expenses (profit and loss): for purchase invoices and receipts;
Balance sheet: for balance sheet accounts;
Account type (mandatory);
Normal account;
Debtors account;
Creditors account;
VAT account: for VAT-related accounts;
Expense/purchase/revenue account: for sales and purchases;
RGS (optional);
Budget per year (optional, if you want to set a budget);
Groupings (optional);
Cost center (optional, if active);
Choose Save to create the general ledger.