Create New Business or Company
This is how you create a new business or company in Localizebook.
The Processing:
- Go to the My Businesses Page on the User Home Page.
- Click on “+ADD BUSINESS” or “CREATE NOW”
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- Business Name: This will be your company name in the Localizebook Accounting System (required).
- Display Name on Invoice: This will be your company name for billing purposes.
- Business location: This is auto-generated by the system, you don’t do anything.
- Timezone of your business: You don’t have to do anything because this is done automatically by the system.
- Default currency for your business: Select the currency. This will serve as your base currency and cannot be edited later.
- I am a student: This option is a dedicated program designed for educational purposes, allowing students and educators to use LocalizeBook in a learning environment.
- Click on the “Continue” button.
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- Select your business plan, then click on the “Try free for 30 days” button.
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- Here is the first page after your business is created. Please click on the “Access Now” button
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- Please choose an option to create a chart of accounts for this business.
- Sample COA: This option provides you with a default COA from the system with a comprehensive, pre-built list of standard accounts that most businesses need.
- I am not an accountant: This option is designed for users who find the long list of accounts in the “Sample COA” overwhelming or confusing. (Recommend for non-accountants)
- Use sub account: If you want to use the sub account in your business, please check the “Use sub account” box.
- Account code: If you want to use the suggested chart of accounts for your business, please check the “Account code” box.
- Click on the “Finish” button to finish your business setup process and go to the system.
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