How do you add Land Improvements Accounts to Traction?

This article demonstrates how to add Land Improvements accounts to Traction.

 

1.  Click on the Dashboard icon at the top right of your screen. Select Accounting and then choose Chart of Accounts. 
2.  Scroll down until you find the Property & Equipment folder and click on the arrow to the right of Details.  Select Add Account.

3.  Fill in the boxes with the land improvement's details and create a subheading under Land Improvements Cost, for example: Land Improvements.  Click on the green box with the    + Add Land Improvements to add the subheading.  This will take you to the Add Subheading screen where you will confirm the Name and then click on Save & Close.


 

4.  When you return to the Edit Account screen fill in the account information and add the subheading for the Land Improvements Accumulated Depreciation section.  Click on the green box with + Add Acc Depreciation on Land Improvements to add this subheading.  This will take you to the Add Subheading screen where you will confirm the Name and then click on Save & Close.  When you return to the Edit Account screen enter the Opening balances and click Save & Close.



5.  The subheadings and accounts were added to the Chart of Accounts under the Property & Equipment heading.