Add ledger accounts to a ledger set

Once you have added a ledger set, populate it with ledger accounts. You can populate the ledger set manually.

You can also import the ledger accounts. You can also add the ledger account when importing the trial balance.

To add ledger accounts to the ledger set:

1. Go to: Financial / Reporting / Configuration / Ledger set.
2. Open the properties of the ledger set.
3. Go to the tab: Accounts.
4. Click on: New.
5. Enter the number of the ledger account.
6. Enter the description.
7. If you want to deviate from the default order, enter the order in Deviating order.
8. Select the type of the ledger account.

   In this case you have the following options:

   • Niet van toepassing
   • Activa: These are balance sheet accounts to which you debit the company's assets (positive balance). A decrease of the assets will result in credit entries on these accounts.
   • Passiva: These are balance sheet accounts to which you credit the company's liabilities (negative balance). A decrease of of the liabilities will result in debit entries on these accounts.
   • Opbrengsten: These are profit and loss accounts to which you credit the company's revenues.
   • Kosten: These are profit and loss accounts to which you debit the operating costs.
9. Select the Summary account check box if the ledger account is a summary account.

   You cannot post entries to a summary account directly. When you post an entry with the number of a debtor, creditor or ledger account, Profit automatically updates the summary account linked to the debtor, creditor or ledger account with the amount entered.

10. Click on: Finish.