Every location starts with a ready-made set of system accounts, including: Cash on Hand, Payroll Clearing, Accounts Receivable, Taxes Recoverable/Refundable, Accounts Payable, Payroll Liabilities, Shareholder Loan, Taxes Payable; income accounts Food & Beverage Sales, In Store Retail Sales, Online Sales, Proposal Income, Bank Interest, Uncategorized Income, Gain On Foreign Exchange; a long list of operating expenses (Accounting fees, Advertising & Promotion, Bank Service Charges, Business Licenses & Permits, Computer – Hardware/Hosting/Internet/Software, Depreciation Expense, Office Supplies, Professional Fees, Rent Expense, Repairs & Maintenance, Taxes – Corporate Tax, Telephone – Land Line/Wireless, Uniforms, Utilities, Travel Expense, Charity, Health Insurance, Interest Expenses, Vehicle – Fuel/Repairs and Maintenance/Insurance, Business Insurance, Refunds, Disputes); Purchases - Food & Beverage (Cost of Goods Sold); Merchant Account Fees (Payment Processing Fee); payroll expenses (Payroll Employer Taxes, Payroll Gross Pay, Payroll – Employee Benefits, Payroll – Employer's Share of Benefits, Payroll – Salary & Wages); Uncategorized Expense, Loss on Foreign Exchange; and equity accounts Common Shares and Retained Earnings/Deficit. You can add your own accounts alongside these.