The chart of accounts is the list of all accounts your organisation has available to record your transactions. Having the right chart of accounts makes a big difference for your organisation. It helps you classify your transactions correctly, and generate meaningful reports to help you run your business better. Xero assigns your organisation a default chart of accounts when you start on Xero. 

For more information visit the Xero Help Centre.

https://help.xero.com/nz/Settings_ChartofAccounts

In order to allocate your invoicing lines to a specific Account Code,
MyTrucking has enabled you to assign an Account Code against each of your products.

To do this first go to Account - General Settings and go to the Invoice Settings Section.

Check the "Show GL Codes on Product page" and click "SAVE".

Then Click the "Fetch Xero Codes" button to ensure you have the current list of Account Codes available in MyTrucking. 

In the example below the Account Code 200 Sales is set as the default revenue code. This will be the default should you not assign a specific code on your products page.

Go to Accounts - Products 

With "Show GL Codes on Product Page" enabled, the Product page will show a column where the appropriate GL Code can be selected for each product.

If no GL Code is selected for a product, it will default to use the setting selected as the "Default Revenue Code" as shown above. 

When adding a new Product the GL Code can also be assigned. clicking on the Drop-down List will give you access to the Account Codes you have previously fetched from Xero.

If an Account Code has been created recently in Xero and is not shown in MyTrucking, simply click on the "Fetch Xero Codes" button on the General Settings page, and the Drop-down list will be updated with your latest Account codes.

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