Default Accounts

In Briox Accounting there are pre-set default accounts for a number of transaction types in the application, such as for input and output VAT, customer sales and purchases. The default accounts must be filled in so that you are able to use the automation built into the system.

See below the default accounts view found under Registry - Chart of Accounts - Default Accounts. Here you can change what accounts you want to use as default.

1. Enter the accounts directly by typing the account number in the fields,
   
   
2. ...or select them from the chart of accounts via the selection button. Fill in as many accounts as possible to minimise the risk of later getting error messages regarding missing default accounts when you are working in the application. 
   
   
   
   
3. Click on Save when finished.

Some fields, are marked with an asterisk *; this means that these accounts are available to choose from when you register discrepancies on customer or supplier payments.

Default accounts for exchange rate gain and loss

Each one of our default accounts for exchange rate gain and loss management is dedicated strictly to Sales or Purchases.

The exchange rate difference account for sales, will be used on Customer invoices and the booking will be in Debit if it is a loss and in Credit if it is a gain .

The exchange rate difference account for purchases will be used on supplier invoices and be in Debit is it is a loss and in Credit if it is a gain.

You can find these under Registry - Chart of Accounts - Default Accounts. 

See below for Finland:

See below for Estonia: