The Chart of Accounts are the accounts that are used when referring to any financial transactions in Re-Leased.  For users of Re-Leased with Trust Accounting, and those using it stand-alone with no Xero connection, this is managed within Re-Leased, by clicking Settings on the green main menu, then Chart of Accounts in the Accounting section.


Chart of Accounts list


Adding a new Account

To add a new Account, click on the Create New Account button.

  • Enter the Account Type from the dropdown list of standard types
  • Enter the Code, which must be a unique code that does not already exist
  • Enter the Name, which must be a unique name that does not already exist
  • Select the Default Tax value, from the dropdown
  • Add a tick to Enable Payments to this Account only if this is a bank account, it should not be ticked for income and expense code types
  • Click on Save Account

Note: The Tax types are defined in the Tax Type settings and are a list of the valid tax types for the Account type. These may change depending on the Account Type selected.



Importing an Account

To import a file with Account types:

  • Click on the 'Import' button
  • Use the 'Browse' button to select a file
  • Verify that the contents are acceptable, by looking at the message panel on the right. If the check marks are green then the row will be imported.
  • Click on 'Import' to import the values


Editing an Account

To edit a Lease type:

  • Click on the name
  • Make any changes to the name
  • Make any changes to the Code, which must be a unique code that does not already exist
  • Make any changes to the Name, which must be a unique name that does not already exist
  • Make any changes to the default tax value, from the dropdown
  • Click 'Save account'


Archiving an Account

To archive an account:

  • Click on the Name
  • Click on the 'Archive' button
  • When asked if you are sure, click on the 'Archive this account' button


Un-Archiving an Account

To un-archive an account type:

  • Select the 'Archived Accounts' tab
  • Click on the 'Restore' link next to the name
  • When asked if you are sure, click on the 'Restore this account' button


Chart of Accounts for Xero Users


If you are using Xero integration you will not be able to manage your Chart of Accounts in Re-Leased.  You will only be able to manage them in Xero.

To complete data entry and account set up prior to connecting to Xero, only set up the minimum required Chart of Accounts.  These are treated as placeholders until the connection to Xero is made, and each will need to be reconciled with the corresponding Chart of Account code from Xero.