Chart of Accounts

The chart of accounts is the index of every ledger account available to your company. Libro creates a starting chart from the choices made during company setup.

Open the chart

Use the compact workspace switcher to confirm the active workspace, then choose Chart of accounts in the sidebar. Choose Companies whenever you need to return to the company directory.

Accounts are grouped by account type. Each row shows the code and name, a short description, and whether the account is active.

Search

Use the search field to filter by account code, name, or description. Results update as you type.

Create an account

Choose New account, then complete the account details.

Field	Purpose
Account type	Controls how the account is grouped and reported
Code	A unique ledger code, such as 1010
Name	The label shown throughout Libro
Description	An optional note that helps teammates use the account consistently

The form shows when the required details are ready. Choose Create account to save it.

Edit an account

Open an account, choose its edit action, and update its details. Changing the account type can affect where its balance appears in reports.

Choose Update account to apply the changes.

Review the account ledger

Open an account row to see the account overview and posted activity.

The ledger is the best place to trace the entries contributing to an account balance. Draft and cancelled entries do not affect it.

Good account design

• Keep codes unique and leave room between groups for future accounts.
• Use names that describe the business purpose, not a specific vendor or one-time transaction.
• Add a description when teammates could reasonably interpret an account in different ways.
• Reuse the generated accounts before adding near-duplicates.

Next, learn how to use these accounts in Journal Entries.