Main Account Templates are predefined values for a group of Main Accounts to allow quick addition of Main Accounts. This is useful when creating new Main Accounts. Assigning a template will pre-populate the relevant details required, saving time and reducing errors.
GYDE365 provide six out of the box pre-built templates. These are:
| Main Account Code | Description | Main Account Type | Debit/Credit Default | Main Account Category | Default Currency |
|---|---|---|---|---|---|
| AP | Accounts Payable | Liability | Credit | AP | GBP |
| AR | Accounts Receivable | Asset | Debit | AR | GBP |
| CASH | Cash & Bank Accounts | Asset | Debit | CASH | GBP |
| COGS | Cost of Goods Sold | Expense | Debit | COGS | GBP |
| EXP | Expense Accounts | Expense | Debit | OTHEREXP | GBP |
| REV | Revenue | Revenue | Credit | SALES | GBP |