❖ How to add chart of account in Xero

Add an account

Add a general ledger account to your chart of accounts. The process is different to add a bank, credit card, or PayPal account.

  1. In the Accounting menu, select Advanced, then click the Chart of accounts.
  2. Click Add Account.
  3. Enter the components of your account.
  4. (Optional) Select the Show on Dashboard Watchlist checkbox to display this account on your Xero Dashboard.
  5. (Optional) Select the Show in Expense Claims checkbox to make the account available for classic expense claims. This option has no effect on new Expenses.
  6. (Optional) Select the Enable payments to this account checkbox if you want to record payments from this account.
  7. Click Save.

Tip

We recommend having no more than 699 accounts as this can affect performance.

Edit an account

Limited changes can be made to locked and system accounts.

  1. In the Accounting menu, select Advanced, then click the Chart of accounts.
  2. Click on the name of the account to edit the components.
  3. (Optional) Select the Show on Dashboard Watchlist checkbox to display this account on your Xero Dashboard.
  4. (Optional) Select the Show in Expense Claims checkbox to make the account available for classic expense claims. This option has no effect on new Expenses.
  5. (Optional) Select the Enable payments to this account checkbox if you want to record payments from this account.
  6. Click Save.
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