How to create an account type in Equity in Ledger App?

Equity is the amount invested by the founders or owners to start a business and also for the smooth operation. Equity Account in a business refers to the account having information on the Ownership’s interest. Ledger App in Apptivo allows you to create an account type in Equity.

• Go to Settings → Ledger → Account Types. Select Create to create a new sub-account type for a particular account in Ledger App. Here, Equity.

• Here, you can add a name for the account type in the Create Account Type Side Panel. Along with this, add the starting and ending account numbers for the account.
• An account that falls within this number series will be denoted as the created Account type.

• Keep the Enable toggle ON to list the account type for use. Additionally, you can ‘upload Logo’ for this account type.

• Once the information is added for the Account Type, select Create. The account type is added to the main account → Equity.

• You can also select the (+) icon to add a sub-account type for the created account.

• This account type can be used while creating accounts in the Ledger App.

Related Links:

• How to create an account in the Ledger App?