Create a new company in Payroll Accord

This guide will show you how to create a new company in Payroll Accord.

1. Go to Company user > Company/fin/tax year wizard > create new > assign a company code and company name.  Click Next to continue.

2. Select the desired options from the GL Parameters section, including Financial Year, Account Group Heading, and Accounting Dimensions. If you wish to choose different settings, simply click the dropdown button next to each field to view and select other available options. If you wish to copy existing dimension such as accounts, cost centres, projects, and resources, make sure to tick the Copy checkbox. Once you've made your selections, press Next to proceed with the setup.
   
3. Select the appropriate Tax Year—you can use the dropdown button if you'd like to choose a different option. For the Employee Group, if you don’t want to copy any data, select Do Not Copy. If you do want to copy from another company, simply select the relevant company from the dropdown menu. Click Next to continue.
   
4. On this page, select the appropriate Pay Frequency. If needed, you can change the Pay Days to suit your schedule. Once everything is set, click Finish to complete the process.