The Chart of Accounts is a very important part of Accounting in Striven. It lists all of your GL Accounts in one spot, grouped by type. The Chart of Accounts is an organizational tool that provides a breakdown of all your financial transactions within a particular time period. Expenditures, revenue, assets, and liabilities are separated into groups to give a better view of your Company’s financial position.
By default, your Striven system has multiple GL accounts already added to your Chart of Accounts for convenience. You can edit these or add new accounts to fit your Company’s needs. To add a new GL Account, navigate to Accounting → Recurring Transactions → Chart of Accounts and click Add GL Account. Fill in the fields for Account Name, Account Type, Account Number (if applicable), Parent Account (if applicable), and an Account Description if desired and click Save.
- Note: There may be additional fields or options available depending on the Account Type you select.
You may already have your Chart of Accounts information saved which you can bring into Striven en masse by using the Import Tool. To import your Chart of Accounts, navigate to Accounting → Recurring Transactions → Chart of Accounts and click the Import button.
From the Import page, you can configure your import file and upload your data with just a few clicks of the mouse.
For more information about adding/importing GL Accounts to your Chart of Accounts in Striven, please refer to the Chart of Accounts section of our Accounting Setup User Guide or visit our Striven Business Software YouTube channel.
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