The Chart of Accounts is the list of every account a nonprofit has identified and made available for recording transactions in its accounting system. There are five types of accounts a nonprofit should use to record transactions:

 
1000 - 1900 Assets
2000 - 2999 Liabilities
3000 - 3999 Equity
4000 - 4999 Income or Revenue
5000 - 9999 Expenses

 

To Add an Account to the Chart of Accounts


To get started, select General Financials > Chart of Accounts - from the Argenta main menu on the left-hand side of the screen.

 
This will bring you into your organizations Chart of Accounts list.  
 
  

To add a new account, click the “Add New” button.

 

This will open the Add A New Account window.

 

 

Add The Account

1000 - 1900 Assets
2000 - 2999 Liabilities
3000 - 3999 Equity
4000 - 4999 Income or Revenue
5000 - 9999 Expenses
 

After reviewing the information entered, click the “Add This Account” button to finish. The window will close. You can find your new account listed in the Chart of Accounts.