How to add a new account to your chart of accounts
Determine the Account Type: A=Asset, L=Liability, I=Income, E=Expense, F=Unrestricted Fund, LT=Temporary Restricted, LF=Permanently Restricted
Determine the Fund: Often the last two digits of your Account number and used for Logos Fund Accounting
Determine the rest of the Account Number: This is a personal decision made between the church and the Finance Committee or the church Accountant.
In the General Ledger Module, select the Chart of Accounts.
To add a new Account to your Chart, click the New option.
Fill in the number, Description, and Type.
Often, you will mark the GL Summary option.