Set up your company
Each legal entity is one company in Accountable. Give it a name, country, entity type, the currency its books are kept in, and cash or accrual basis.
In Accountable: Settings › CompanyUpdated September 29, 2026
Steps
Step 1: After you sign up, you land on Set up your company. For a second company, press ⌘K and choose Add or move a company.
Step 2: Type the Company name. It is filled in from your email's domain; change it if it's wrong.
Step 3: Pick the Country and the Entity type.
Step 4: Pick Books kept in: the currency of the company's own bank account and tax returns. It is fixed once the books have entries.
Step 5: Pick the Reporting basis, Accrual or Cash. You can switch any time; Accountable keeps both.
Step 6: Press Continue. Next you choose whether to move your old books or start fresh.
Good to know
- One company per legal entity: an LLC and its parent are two companies, each with its own books.
- You can change the name, fiscal year start and timezone later in Settings › Company.