Set up your Fynlo workspace for financial clarity and smooth operations.
💡 Align your financial settings for seamless management.
The right Currency and Chart of Accounts are essential for organizing your finances and streamlining your accounting. Fynlo helps you get this right from the start, so you’re ready to tackle invoices, taxes, and financial reporting.
🌐 What you’ll configure:
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Currency — Choose the currency that matches your business for invoicing and financial reports.
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Chart of Accounts — Select or create a chart that categorizes all your financial transactions, from sales to expenses.
📝 Why the Chart of Accounts Matters:
Your Chart of Accounts acts as the backbone for your financial tracking. It categorizes everything you do, from income and expenses to assets and liabilities. Getting this right helps you run reports smoothly, comply with tax regulations, and make data-driven decisions.
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Standard Accounts — Basic categories like sales, expenses, assets, and liabilities.
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Custom Accounts — Tailored to your business needs, such as service fees, subscription income, or inventory.
✅ How to set it up:
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Go to Settings → Currency
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Choose Add Currency
- Go to Chart of Accounts
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Pick or create your Chart of Accounts (adjust categories to match your business needs)
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Click Save & Continue
💡 Pro tip: Feel free to update your chart of accounts if your business grows or your financial needs change. Customization is key!