The Billable time
account is a built-in account in Manager that tracks time entries billable to customers. While its default name is Billable time
, you may want to rename it to better suit your accounting practices. This guide explains how to rename the Billable time
account and adjust its settings.
To rename the Billable time
account:
Settings
tab.Chart of Accounts
.Billable time
account in the list.Edit
button next to the Billable time
account.The account edit form contains the following fields:
Enter the new name for the account. The default is Billable time
, but you can rename it to reflect your specific needs.
(Optional) Assign a code to the account if you use account codes in your chart of accounts. This can help with sorting and organizing accounts.
Select the group under the Balance Sheet
where this account should appear. Grouping accounts helps organize financial statements according to your reporting structure.
After entering your desired changes:
Update
button at the bottom of the form to save the changes.Note:
Billable time
account cannot be deleted. It is automatically added to your chart of accounts when you create your first billable time entry.By following these steps, you can easily rename the Billable time
account and customize its settings to align with your accounting preferences.