About Record and Transaction Settings
To save you time when creating records and processing transactions, you can use default categories and preferences.
To access the Record and Transactions Settings, click More and select Settings. Click Record and Transactions Settings.
The following defaults are available and can be modified:
|Default for income||This is the default account you want to use for recording money coming into your business.|
|Default for expenses||This is the default account you want to use for recording your expenses.|
|Default for sales||This is the the default account you want to use for your sales.|
|Default for sales discounts||This is the default account you want to use for recording discounts on your sales.|
|Sort order for lists||Sort by account number or description.|
|Show Retained Earnings value||Choose to show this value Within calculated Profit/Loss or Separately on Balance Sheet.|
If you change a default, click Save.