How to Create New Accounting Code

This guide shows you how to create a new accounting code to classify claims expenses for accounting purposes.

Steps

1. Navigate to Accounting Code Settings

   From the sidebar, click on Settings to expand the menu, then click on Claims. On the Claims settings page, click the Accounting Code tab.

   You’ll see the Accounting Codes page, which lists all existing accounting codes. Click the **New Accounting Code** button in the top right corner.

   

2. View the Create Accounting Code Form

   The Create Accounting Code form will appear with the following fields:

   • Company (required): Pre-selected if you only have one company
   • Accounting Code (required): The numeric code identifier
   • Accounting Code Name (required): A descriptive name for the code
   • Accounting Code Type (required): The classification type
   • Accounting Code Description (optional): Additional details about the code

   

3. Fill in the Details and Create

   Fill in all the required fields with your accounting code details. For example:

   • Accounting Code: 400120
   • Accounting Code Name: Corporate Income Tax Expense
   • Accounting Code Type: Expense
   • Accounting Code Description: A percentage of total earnings paid to the government.

   Once all required fields are filled (marked with *), click the **Create** button to create the accounting code.

   

Related Guides

• How to Create a Claim Subcategory