It contains two sections, ‘Type of chart accounts’ and ‘Tax Settings’.Click on the ‘Type of chart accounts’ Tab to show the default list of chart of accounts.
1.The first section is Type of chart accounts, contains
- Account nameDisplays the name of the all accounts
- DescriptionDisplays description of the account(if any).
2.The second section is Tax Settings, contains Tax rates list and New tax rate form
- Tax rate name Displays tax rate name.
- Tax rateDisplays the single/group tax rate of tax
- ActionAction column has two options