Account — Accounts receivable

The Accounts Receivable account in Manager is a built-in account used to track amounts owed to you by customers. While it comes with a default name, you have the option to rename it to better suit your business needs or preferences. This guide explains how to rename the Accounts Receivable account and adjust its settings.

Accessing the Accounts Receivable Settings

1. Go to the Settings tab.
2. Click on Chart of Accounts.
3. Locate the Accounts Receivable account in the list.
4. Click the Edit button next to the Accounts Receivable account.

Configuring the Account Fields

When you click Edit, you'll be presented with a form containing several fields:

Name

• Description: The name of the account.
• Default: Accounts Receivable
• Action: Enter the new name you wish to use for this account.

Code

• Description: An optional code for the account.
• Action: Enter a code if you want to assign one to this account for identification or sorting purposes.

Group

• Description: Determines under which group on the Balance Sheet this account will be presented.
• Action: Select the appropriate group where this account should appear.

Cash Flow Statement Group

• Description: Specifies under which cash flow statement group this account will be displayed on the Cash Flow Statement report.
• Action: Choose the cash flow statement group that fits this account.

Saving Your Changes

• After making your desired changes, click the Update button to save them.

Important Notes

• Non-Deletion: The Accounts Receivable account cannot be deleted as it is an integral part of Manager's accounting structure.
• Automatic Addition: This account is automatically added to your Chart of Accounts when you create at least one customer.

For more information on managing customers, see the Customers guide.