System Default Accounts


If no Chart of Accounts is defined prior to the first transaction, the following accounts will be generated and set:

1999 - undeposited funds

2999 - uncategorized liabilities

4999 - uncategorized income

5999 - uncategorized expense


If Paypal is active and used, and the account settings for Paypal are not set up, the following will be generated:

1900 - Paypal asset account

5900 - Paypal transaction fees


If TransFirst is active and used, and the account settings for TransFirst are not set up, the following will be generated:

2910 - TransFirst transaction fees

1910 - TransFirst deposit account


If a Processing Fee is charged and the Processing Fee Income Account is not set up, the following will be generated:

4920 - Handling Fees (will be named according to their naming for processing fees)


If a Sales Tax Liability Account is not set up and a transaction causing sales tax is processed, the following will be generated:

2100 - Sales tax liability


If a Member Credit is processed and it's not configured, the following will be generated:

2200 - Account credit