Set up your chart of accounts and taxes

Let AI draft the accounts and taxes a business like yours needs, check the list, and import it in one go.· 1 min 49 s

Opening frame of the lesson “Set up your chart of accounts and taxes”

This lesson plays inside the app

Find it in the Help Center of your workspace, next to the screen it teaches. Start a free trial to watch it.

Start free trial

From the guide: Draft your Chart of Accounts with AI

BusinessSensor can propose a starter Chart of Accounts shaped to your business — the Bank / Cash / Income / Expense accounts a real bookkeeper for a Phone Retailer in Nigeria would open on day one, versus the very different list a Fine Dining Restaurant in Kenya would want.

You review the list, edit anything, drop what doesn't fit, then import. The import is safe to re-run — if you add more accounts by hand later and want another AI pass, it silently skips anything you already have.

"AI drafting isn't configured on this server (no OpenAI key)." The site is running without an OpenAI key. Contact your systems administrator — until it's set, this page can only show the empty state, but the regular New account button on Chart of Accounts still works.

Read the full guide, step by step →
Saved in this browser only.Next: Import your customers from Excel →

Learn it by doing it

Start your free trial and follow this lesson in the practice company. 45 days, no card needed.