What are the steps to setup my new company dataset in Koble?
To successfully set up a new company in Koble by inputting company details, verifying financial accounts, setting up dimensions, configuring sales tax, and creating users with appropriate roles.
Key Steps:
- Input Company Details:
- Input location information, branding (logo), EIN, and sales tax management details.
- Set Up and Verify Financial Accounts:
- Use the standard set of financial accounts provided in the software.
- Adjust names, labels, and add accounts for banks, credit cards, loans, etc.
- Set Up Dimensions (if applicable):
- Use dimensions feature for location and department management within the software.
- Configure Sales Tax:
- Set up sales tax initially and test with a few transactions to ensure functionality.
- Create Users:
- Follow the user setup guide to create users with appropriate roles for the business.
Cautionary Notes:
- Ensure accurate input of company details to avoid issues with financial transactions.
- Verify financial accounts carefully to prevent errors in financial reporting.
- Test sales tax configuration with transactions to avoid compliance issues.
Tips for Efficiency:
- Follow the step-by-step videos provided for each process on the Kobo platform.
- Take time to understand the purpose and use of dimensions before setting them up.
- Regularly review and update company details, financial accounts, and sales tax settings to stay compliant and accurate.