> For the complete documentation index, see [llms.txt](https://docs.mifos.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.mifos.org/mifosx/user-manual/for-administrators-mifos-x-platform/accounting.md).

# Accounting

The **Accounting** can be accessed from anywhere within the Mifos system. 

**Tip:** When beginning to use Mifos X please refer to the[ **Initial System Setup**](/mifosx/user-manual/for-administrators-mifos-x-platform/initial-system-set-up.md) and [**General Navigation**](/mifosx/user-manual/for-all-users/untitled.md) sections of this manual for guidance.

To access the **Accounting** menu and the options within, click on the **Accounting** button on the top of the screen: the image below will then be displayed

<figure><img src="/files/pFW2jJ2RS52JA52VFn8M" alt=""><figcaption></figcaption></figure>

### **Setting up of Accounting**&#x20;

To **Enable Accounting Module,** you need to follow the mandatory step by step instructions below before you do any transaction:-&#x20;

Step 1) Create chart of accounts - [Chart of Accounts - General Ledger Setup. ](/mifosx/user-manual/for-administrators-mifos-x-platform/accounting/chart-of-accounts-general-ledger-setup.md)

Step 2) Map opening balance contra account in - [Accounts linked to Financial Activities](/mifosx/user-manual/for-administrators-mifos-x-platform/accounting/accounts-linked-to-financial-activities.md)

Step 3) Pass opening balance entries - [Migrate opening balances (Office-wise)](/mifosx/user-manual/for-administrators-mifos-x-platform/accounting/migrate-opening-balances-office-wise.md)

Step 4) Map your products with respective accounts -&#x20;

* Go to >> [Loan Products](/mifosx/user-manual/for-administrators-mifos-x-platform/administration/products/loan-products.md) - Accounting&#x20;
* Go to >> [Savings Products](/mifosx/user-manual/for-administrators-mifos-x-platform/administration/products/untitled.md) - Accounting&#x20;
* Go to >>[ Fixed Deposit Products](/mifosx/user-manual/for-administrators-mifos-x-platform/administration/products/fixed-deposit-products.md) - Accounting&#x20;
* Go to >> [Recurring Deposit](/mifosx/user-manual/for-administrators-mifos-x-platform/administration/products/recurring-deposit.md) - Accounting&#x20;

### **Other Accounting features**

* To define accounting rule - [Accounting Rules](/mifosx/user-manual/for-administrators-mifos-x-platform/accounting/accounting-rules.md)
* To define advanced accounting rule - [Advanced Accounting Rules](/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounting-operations/advanced-accounting-rules.md)
* To define accruals - [Accruals](/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounting-operations/accruals.md)

### **For operational usage**&#x20;

* To manually pass journal entry - [Add Journal Entries](/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounting-operations/add-journal-entries.md)
* To search accounting transactions - [Searching Accounting Transactions](/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounting-operations/searching-accounting-transactions.md)
* To use predefined accounting rule - [Frequent Postings](/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounting-operations/frequent-postings.md)
* To close journal entries - [Closing Entries](/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounting-operations/closing-entries.md)