This form allows to rename built-in Expense claims account.
To access this form, go to Settings, then Chart of Accounts, then click Edit button for Expense claims account.
The form contains the following fields:
Enter the name for the expense claims account. This account tracks expenses paid by employees or owners from their personal funds that need to be reimbursed by the business.
The default name is Expense claims, but you can rename it to suit your needs, such as 'Employee Reimbursements' or 'Expense Reimbursements Payable'.
Optionally, enter an account code to help organize your chart of accounts. Codes are useful for sorting accounts and can make it easier to find accounts in reports and transactions.
Select the Balance Sheet group where this account should appear. Expense claims are typically shown under current liabilities since they represent amounts the business owes to employees or owners.
Click Update button to save your changes.
This account cannot be deleted, it is automatically added to your Chart of Accounts when you have created at least one expense claim payer.
For more information see: Expense Claim Payers