sycamore

add a custom chart of accounts line

the default chart matches your tax form (schedule c / 1120-s / 1120 / 1065). you can add child accounts under any income or expense parent so reports get more granular without breaking the year-end rollup.

3 steps~2 min
  1. 1

    open the accounts tab

    the chart of accounts sits next to ledger and p&l.

  2. 2

    click "add account"

    the form asks for name, type (income / expense / asset / liability / equity), and a parent. for income / expense, the parent must be a tax-form line — sycamore won't let you add an income account that doesn't roll up to the irs form.

  3. 3

    save and start using it

    the new account is immediately available as a category on new entries, and shows on the p&l grouped under its parent.

    tip

    fewer accounts = cleaner reports. add a custom line only if you (or your accountant) will look at it separately on the p&l. "meals — out of state" + "meals — in state" is usually overkill for a small business.

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