Manage chart of accounts

A chart of accounts is a list of the categories you use to classify and distinguish financial assets, liabilities, and transactions in your general ledger (GL). If you sync with accounting system, your chart of accounts will sync between your software and Bill.com.

When you create a bill or receivables items, the account drop-down shows available GL accounts in your chart of accounts.

Note: We have updated 1099 options on accounts to include the new 2021 IRS requirements. You can use the options on new accounts, and update any existing accounts with the new options if you plan on using them for transactions in 2021.

Jump to:

• Create a GL account
• Edit a GL account
• Delete a GL account
• Restore a deleted GL account

Create a GL account

1. Select Settings
2. Select Chart of Accounts Under Accounting
3. Select New
4. Enter account details
5. Select Save

Edit a GL account

1. Select Settings
2. Select Classifications Under Accounting
3. Select Chart of Accounts
4. Select the account name
5. Select Edit
6. Edit the account
7. Select Save

Delete a GL account

1. Select Settings
2. Select Classifications Under Accounting
3. Select Chart of Accounts
4. Select the account name
5. Select the trash can

Restore a deleted GL account

1. Select Settings
2. Select Classifications Under Accounting
3. Select Chart of Accounts
4. Select Show Inactive Accounts
5. Select the account name
6. Select the trash can