Creating accounts

Accounts Overview > Creating accounts

Step 1: Choose the type of account you want
Step 2: Enter basic information about the account
Step 3: Choose a currency for the account (if you're using Multicurrency)
Step 4: Enter budgets for the account (optional; detail accounts only)
Step 5: Link the account to a transaction type (optional; detail accounts only)
Step 6: Enter your detail accounts' opening balances
Step 7: Enter your detail accounts' historical balances (optional)

When you're creating accounts in MYOB Accounting Plus, there are several points to consider:

Linked accounts
Account names and numbers
Opening balances
VAT codes
Budgets
Multicurrency
Historical balances