Choose to mirror your accounting system COA or use Jirav to customize the COA
Once you have connected to your Accounting System, the Chart of Accounts (COA) in Jirav will automatically reflect an exact mirror of the COA from your accounting system. If desired, the COA can be customized within Jirav to fit your planning requirements without impacting the COA in your accounting system.
To review your Chart of Accounts, navigate to Settings ⚙️ > Chart of Accounts.
Why would I want to customize my COA?
Often times the structure of GL accounts from your accounting system is not at the same level of detail needed for planning & reporting. A couple of examples:
Cash is a key metric that we will plan, but you may wish to plan for cash in total rather than planning out the balance of each individual bank account in your GL, i.e., Operating Cash, Petty Cash, Money Market, Clearing, etc.
If Operating Expense accounts do not have a hierarchy in your accounting system, you may wish to add rollup accounts to group together similar expenses, e.g., you could create a rollup for Personnel Expenses that includes the Salaries & Wages, Payroll Tax, Benefit & Bonus GLs.
Automatically Mirror or Manage Manually
The Jirav COA is organized by account type, i.e., Revenue, COGS, OpEx, Other Income & Expense, Assets, Liabilities & Equity and will initially exactly mirror your accounting system. If this is the desired setup for Jirav, then no additional action is needed.
To override the initial system setup, select the ellipsis (. . .) to the right of the account section that should be customized to access the context menu, then select Manage Manually and Save.