I really would like to understand more about ERPnext’s approach to accounting, what accounts are needed, and basic things like where to put our current bank account, whether that is the same account as sales/income/expense, etc. or whether they’re different. I’m truly lost at the account setup step, but not because of a technical problem with the application — it’s a question of not understanding the way accounting is handled on EN.
It would be especially helpful to hear from my fellow users — or any accountants/financial people — about the simplest way to handle accounts in a small company.
Please don’t suggest reading the manual (I have) or paying a consultant to implement. This is an open-source project, and in keeping with the open-source spirit, I hope people will share their knowledge and experience about these key steps.
I previously asked a question about this, but the topic was closed.