Equity in Chart of Accounts

ERPNext User Forum
1
Just setting up our Chart of Accounts and I notice you only have Assets but not Equity type accounts. 
Is it possible to add a type of account or would that stuff up the Balance sheet reporting.
If not what have other customers done with the equity accounts.

John

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2

I have just seen how it is done. Equity is a type rather than an account major group.

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3
This is on our list - you will soon be able to list Equity as a major group!


On 05-Jun-2014, at 7:20 am, John Wellar <jw...@gmail.com> wrote:

I have just seen how it is done. Equity is a type rather than an account major group.

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4

@rmehta, I think it’s better to allow super user create major group for their own COA, since COA can be very diversification according their core business

Cheers!

5

@cbs better CoAs coming in version 5!

Right now you will have to add equity under liability…

6

@rmehta, I will gladly wait for it. Just for another suggestion on CoA please let super user can edit Root Type and number of CoA, for indexing :slight_smile: