Settings

Here you can complete the setup of your organization which have started during Quick setup.

Organization

Is divided into three segments. General Details, Address Details, Accounting details.

Legal Name

Legal name is the business name of the person or the entity who own the business.

Portal Name

You can enter your organization’s professional website in this field.

Industry

You can choose your industry in which your business falls under from the dropdown box.

Subscription

You can edit your Subscription you choose during quick setup. Based on your needs choose the Subscription edition that best suits you. Below are plans that myBooks is offering.

# Free Standard Premium
Contacts 25 250 Unlimited
Users 1 3 Unlimited
Automatic Bank Feeds 1 Bank Unlimited
Monthly Transactions 100 1000 Unlimited
Purchasing Orders
Pricing Free $4.99 $9.99

Currency

The currency you select when you sign up is displayed here. As mentioned in quick set-up, it cannot be changed if transactions are recorded, but you can add more currency.

Time Zone

You can edit your Time Zone which was entered during quick setup.

Address Details

Provide a detailed postal address.

Ownership Type

You can update ownership type of your business whether it is a Sole Proprietorship, partnership and corporation.

Accounting Type

Selecting a correct Accounting type is also key in defining your post-tax financial statements. In case you are unsure of which kind of accounting type (Accrual or Cash) to follow, we recommend getting advice from an accountant.

Fiscal Year

Choose your fiscal year best suited for your business from the list. The fiscal year you select should mirror your accounting year.

Date Format

Select your appropriate date format suitable for your organization.

Tax ID

Add your Tax id here. This is specific to company’s regulatory requirement.

Company ID

Company ID is the legal requirement for all companies and it is country specific.