How to create Account heads in Chart of Accounts?

• Go to "Accounts"
• Click on "Chart of Accounts"
• Click on "Create Account"
• Enter name and details
• Select "Sub Category"
• Click on “Create”

Note: 

(1) “Transaction Account” needs to be selected only if you are creating the ledger of a bank account (Eg: Kotak Bank, HDFC Bank etc), so it’s treated as a bank account and reflects accordingly system-wide.

(2) Transaction accounts & cash need to be selected only if you are creating the ledger of a cash account.