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How to import your Chart of Accounts

Applying the correct nominal code to your purchases and expenses is an essential part of accounting. Receipt Bank makes it easy to set up your Chart of Accounts, whether you’re working with a cloud or desktop accounting solution.

In Receipt Bank, we refer to each section of your Chart of Accounts as Categories. These are simple to manage and edit at any juncture.

To set up your Chart of Accounts:

1. Integrated

When you integrate your Receipt Bank account with your cloud accounting software, we’ll automatically pull across your Chart of Accounts. You can view your full list of categories by navigating to Account Settings > Maintain Lists > Categories

Any edits you make to your Chart of Accounts within your accounting package will also take affect within Receipt Bank. We check and renew your Chart of Accounts every 24 hours, but you can also manually update these lists by pressing 'Reload List' withinAccount Settings > Maintain Lists > Categories.

You can also hide certain Categories within your chart of account from this screen by turning the toggle in the ‘Visible’ column to ‘OFF’.


2. Without an integration

You’ll be allocated a Receipt Bank ‘Default List’ of categories automatically. You can edit this by navigating toAccount Settings > Maintain Lists > Categories and adding your Chart of Accounts using one of the following methods:
1. Via CSV: Download a .CSV file of your Chart of Accounts from your accounting software. You can then use this button to automatically upload your Chart of Accounts straight into Receipt Bank.
2. Manual Creation: Enter each section of your Chart of Accounts manually by typing in the name and category code.

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