Introduction

This guide provides a clear overview of the steps you need to take to setup your Dashbod Accounting system.

Once you have finished setting up Dashbod Accounting, you will be able to start using our Accounting features such as Sales and Purchase Management.

Ensure that you do not skip any steps as each step must be completed before moving on to the next.

Note: You may skip Step 1 if you have already used Dashbod’s Start Up Wizard with Dashbod HR

Step By Step Guide to Set up Dashbod Accounting:

1. Start Up Wizard

The Start Up Wizard will help you to set up your company profile on Dashbod and is the first step every Dashbod user must complete to get started.

2. Set Up Payment Term

Payment terms are used set a timeline to inform customers about the time period that they have to make payment.

3. Import Customer Data

Importing Customer Data is a key step in creating your customer database in Dashbod, which will allow you to start using Dashbod’s Sales management features such as Invoicing or creating Credit Notes.

4. Import Supplier/Vendor Data

Before you can start using DashBod to issue Invoices, Purchase Orders or Request for Quotation, you first need to Import your Supplier or Vendor Data.

5. Import Products & Services

DashBod allows you to call up your product or service offerings in a Sales Order, Purchase Order, Invoice or Bill.

However, you must first Import your Products and Services before you can do so.

6. Set up Chart of Accounts

Dashbod has a preset chart of accounts and a new company can skip setting up the chart of accounts. However, you cannot change your chart of accounts mid year or after you do transactions.

If you know what industry you are in and the kind of transactions you have, you can create a new chart of accounts to better classify your transactions.

7. Import Trial Balance

Importing Trial Balances is critical to your reporting as it brings the accumulated balance sheet figures from the previous year into the system to provide a complete set of company accounts.

8. Import Open Supplier Items

Importing Open Supplier Items will allow you to import any outstanding payments that you have to your suppliers.

9. Import Open Customer Items

Similar to importing open supplier items, Importing Open Customer Items will allow you to import any outstanding payments that your customers have to you.

10. Fixed Assets Configuration

A Fixed Asset Configuration helps you classify all your fixed assets as specific as you want it to be.

For example, you can classify an item simply as IT Equipment or specify it as a laptopor server.

11. Import Fixed Assets

Fixed Assets Importing must be done accurately since information such as cost and useful life will subsequently affect its monthly depreciation amount calculated by Dashbod.