How to import a Chart of Accounts in Sage Accounting.
Description
You can import your Chart of Accounts into Sage Accounting to save time.
Resolution
Step 1: Prepare your import file
The column headings must match the format in this table:
Column | Column Heading | Notes |
---|
A | NOMINAL CODE | Up to 8 numbers |
B | LEDGER NAME | Max length 200 characters |
C | CONTROL ACCOUNT | Control account name TIP: To create a bank account, you can select the control accounts of either BANK_CURRENT or BANK_CASH with the category as BANK.
|
D | CATEGORY | Use one of the following categories
- SALES
- OTHER_INCOME
- DIRECT_EXPENSES
- OVERHEADS
- DEPRECIATION
- CURRENT_ASSETS
- FIXED_ASSETS
- BANK
- CURRENT_LIABILITY
- FUTURE_LIABILITY
- EQUITY
|
E | TAX RATE | Use one of the following tax rates: - Standard
- Lower
- Zero
- Exempt
- No VAT
- Standard
- Lower 1
- Lower 2
- Zero
- Exempt
- No VAT
|
NOTE: Save your Excel file type as a comma-separated value (CSV).
Step 2: Import the chart of accounts file
- From Settings, select Chart of Accounts.
- From the New Ledger Account drop-down arrow, select Import Accounts.
- Select the Upload Data File link.
- Browse to your CSV file and then select Open.
- Select OK.