Getting Started with DoubleEntry | Custojo Help

Getting Started with DoubleEntry

Last Updated: 2026-01-15 Available On: Pro, Enterprise Time to Complete: 10 minutes

TL;DR (Quick Summary)

DoubleEntry enables double-entry accounting with chart of accounts, journal entries, general ledger, and financial reports. This guide shows you how to set up your chart of accounts and create your first journal entry in under 10 minutes.

What is DoubleEntry?

DoubleEntry is a comprehensive double-entry accounting system that helps you maintain accurate financial records. Each transaction is recorded with both a debit and credit entry, ensuring your books are always balanced.

What you can do:

✓ Manage chart of accounts
✓ Create journal entries
✓ Track general ledger
✓ Generate trial balance
✓ Generate balance sheet
✓ Maintain accounting accuracy
✓ Comply with accounting standards

Prerequisites

⚠️ Before You Begin: DoubleEntry works best with basic accounting knowledge.

Prerequisite	Status	Notes
Basic Accounting Knowledge	[ ] Recommended	Understanding of debits, credits, and double-entry principle
Account Structure	[ ] Planned	Plan your chart of accounts structure

💡 New to accounting? Double-entry accounting requires that every transaction has equal debits and credits. Consider consulting with an accountant for initial setup.

How to Access

Step 1: Navigate to DoubleEntry

Log in to your dashboard
In the sidebar, click DoubleEntry (or Accounting)
You'll see DoubleEntry options (Chart of Accounts, Journal Entries, etc.)

💡 Tip: If you don't see DoubleEntry, contact your admin to enable it for your workspace.

Quick Start (10 Minutes)

Set Up Chart of Accounts

Step	Action
1	Go to DoubleEntry → Chart of Accounts
2	Click + Create
3	Enter Account Name: Cash
4	Select Account Type: Assets
5	Enter Account Code: 1000
6	Click Save
7	Repeat for other accounts (Accounts Receivable, Accounts Payable, Revenue, Expenses, etc.)

Result: Your chart of accounts is set up.

Create Your First Journal Entry

Step	Action
1	Go to DoubleEntry → Journal Entries → + Create
2	Enter Date: Today's date
3	Enter Reference: JUR00001 (auto-generated)
4	Enter Description: Initial Capital
5	Add Debit: Cash - $10,000
6	Add Credit: Capital - $10,000
7	Verify debits equal credits
8	Click Save

Result: Your first journal entry is created and balanced.

What's Next?

Now that you've set up your accounts and created your first entry, explore these resources:

Resource	Description
📖 All Features	Discover everything DoubleEntry can do
❓ FAQ	Answers to common questions

Need Help?

Channel	Details
Email	support@custojo.com
Help Center	docs.custojo.com

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