Adding Purchase Accounts

You do not need to pre-create each of the Purchase accounts. Instead you can press the blue disclosure button under the “Purchase Account” field to reveal the Purchase account list and from there you can press the “+” button at the top right to create a new Purchase account, or alternatively select one of the existing accounts shown in the list.

Screen: Account Screen

When adding a new account you should at a minimum enter a meaningful Account Name. You should also set the account type appropriately. By default Purchase accounts are set as Expenses Accounts.

Expense accounts are shown in the profit & loss statement in the expense section.