Goldenseal Accounts

Using Goldenseal Accounts

Goldenseal accounts are designed for the people, businesses and money that relate to your business. They are a very important part of the Goldenseal accounting software.

HINT-- You'll enter many accounts when you first start using Goldenseal. After that you probably won't need to add many new accounts, but you'll refer to the existing ones frequently.

Click here to jump to a list of all Goldenseal account types.

When to Use Accounts

Goldenseal uses "real world" accounts, that represent something tangible. For example:

Companies you do business with--Material Suppliers,
Money you own or borrow-- Cash, Checking accounts, Investments, Loans
People you do business with-- Customers, Employees, Subcontractors
Things you use in your business--Equipment, Inventory, Real Estate
Work you do-- Overhead, Projects

You do not need to set up accounts for intangible items, such as:

Accounts Payable-- Handled automatically in the Pay Bills command
Accounts Receivable-- Handled automatically with the Billing and Deposit Funds commands
Expense Accounts-- Handled automatically, with job costing Categories
Revenue Accounts-- Handled automatically with Sales Branches or job costing Categories

Accounts Links

ACCOUNT BASICS
Types of Accounts | List of all Accounts | Using Accounts in Transactions

Types of Accounts
Asset Accounts | Cost Accounts | Job Accounts | Liability Accounts | Utility Accounts

WORKING WITH ACCOUNTS
Creating & Closing Accounts | Account Icons | Payments and Deposits On Account

ACCOUNT DATA FIELDS
Flag Button | Printer Flag | Form View | Current, Minimum and Starting Balances
Include in Starter File Checkbox

WEBSITE INFO LINKS
Accounting Software | Business Management Software | Project Management Software

RELATED TOPICS
Chart of Accounts Window | Lists | Transactions | Utility Accounts