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What are System Accounts in COA?

System Accounts are the chart of accounts that are used for system-generated entries. In SlickPie, there are 6 System Accounts:

  1. Accounts Payable
  2. Accounts Receivable
  3. Adjustments
  4. Discount
  5. Realized Currency Gain/ Loss
  6. Sales Tax

 

These accounts are created automatically as soon as you add a company and can neither be modified nor deleted from the system. They are not available in line items while creating any transaction.

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