--- title: Add an Account description: How to add accounts (parties) into the Ledger --- [Skip to content](https://support.connectworks.com/6782157-add-an-account#main-content) [![](https://support.connectworks.com/hs-fs/hubfs/Logo.png?width=200&height=150&name=Logo.png)](https://www.connectworks.com/) Open main navigation Close main navigation How can we help you? - There are no suggestions because the search field is empty. 1. [Help Center](https://support.connectworks.com/?hsLang=en) 2. [Trust Management](https://support.connectworks.com/trust-management?hsLang=en) 3. [ASSETS & LIABILITIES](https://support.connectworks.com/trust-management?hsLang=en#assets-liabilities) # Add an Account ## How to add accounts (parties) into the Ledger This article will guide you through the process of adding the Trustees to the Ledger, it is recommended this is the first stage of the process when updating the Ledger for the trust. All types of accounts can also be created separately from the transaction recording process. To do this, click on **"I would like to..."** and select **Add an account**: ![](https://support.connectworks.com/hubfs/Knowledge%20Base%20Import/downloads.intercomcdn.comio625823499dc8a2e12dcf4cdf208a8de1cScreen+Shot+2022-11-30+at+8.56.15+AM-1.png) ### Details of the account being created Type of account: Loan (non-bank) Associated Party: Select the appropriate party e.g. Simon Jones Account Name: This will automatically update with "Name of person" (Non-bank debt) ### Other optional fields - Guiding description of the account and its use - Any additional notes or operational provisions for the account ### Opening balance (optional) - Account balance - Balance date Typically the opening balance is left with a zero balance and a transaction is created for the transfer of funds into the Trust's bank account. In the **Accounts, Chart of Accounts** the following appears ![](https://support.connectworks.com/hubfs/Knowledge%20Base%20Import/downloads.intercomcdn.comio625828679a8c8951f5d55e13352471516Screen+Shot+2022-11-30+at+9.04.39+AM-1.png)   This now allows us to select the party when acquiring an asset. ![](https://support.connectworks.com/hubfs/Knowledge%20Base%20Import/downloads.intercomcdn.comio625830234eb314d7b2093e4aa00789878Screen+Shot+2022-11-30+at+9.07.14+AM-1.png)  - [Getting started](https://support.connectworks.com/getting-started?hsLang=en#main-content) - [GETTING STARTED FOR PROFESSIONAL FIRMS](https://support.connectworks.com/getting-started?hsLang=en#getting-started-for-professional-firms) - [LOADING CLIENT PROFILES](https://support.connectworks.com/getting-started?hsLang=en#loading-client-profiles) - [SUBSCRIPTIONS & PRICING](https://support.connectworks.com/getting-started?hsLang=en#subscriptions-pricing) - [Firm administration](https://support.connectworks.com/firm-administration?hsLang=en#main-content) - [STAFF MANAGEMENT](https://support.connectworks.com/firm-administration?hsLang=en#staff-management) - [GENERAL ADMINISTRATION](https://support.connectworks.com/firm-administration?hsLang=en#general-administration) - [DOCUMENT MANAGEMENT ADD-ON](https://support.connectworks.com/firm-administration?hsLang=en#document-management-add-on) - [PRACTICE MANAGER ADD-ONS](https://support.connectworks.com/firm-administration?hsLang=en#practice-manager-add-ons) - [NZ COMPANIES OFFICE INTEGRATION](https://support.connectworks.com/firm-administration?hsLang=en#nz-companies-office-integration) - [SECURITY](https://support.connectworks.com/firm-administration?hsLang=en#security) - [AML Compliance](https://support.connectworks.com/aml-compliance?hsLang=en#main-content) - [AML WORKFLOW](https://support.connectworks.com/aml-compliance?hsLang=en#aml-workflow) - [CLIENT DUE DILIGENCE](https://support.connectworks.com/aml-compliance?hsLang=en#client-due-diligence) - [ELECTRONIC VERIFICATION](https://support.connectworks.com/aml-compliance?hsLang=en#electronic-verification) - [AML RESOURCES](https://support.connectworks.com/aml-compliance?hsLang=en#aml-resources) - [Company Management (Getting Started and Annual Returns)](https://support.connectworks.com/company-management-getting-started-and-annual-returns?hsLang=en#main-content) - [GETTING STARTED WITH COMPANIES](https://support.connectworks.com/company-management-getting-started-and-annual-returns?hsLang=en#getting-started-with-companies) - [MANAGING COMPANY ROLES & ASSOCIATIONS](https://support.connectworks.com/company-management-getting-started-and-annual-returns?hsLang=en#managing-company-roles-associations) - [COMPANY MANAGEMENT (OTHER)](https://support.connectworks.com/company-management-getting-started-and-annual-returns?hsLang=en#company-management-other) - [THE ANNUAL RETURN WORKFLOW](https://support.connectworks.com/company-management-getting-started-and-annual-returns?hsLang=en#the-annual-return-workflow) - [ANNUAL RETURNS (OTHER)](https://support.connectworks.com/company-management-getting-started-and-annual-returns?hsLang=en#annual-returns-other) - [Company Management (Share Management)](https://support.connectworks.com/company-management-share-management?hsLang=en#main-content) - [SHARE REGISTER](https://support.connectworks.com/company-management-share-management?hsLang=en#share-register) - [Trust Management](https://support.connectworks.com/trust-management?hsLang=en#main-content) - [GETTING STARTED WITH TRUSTS](https://support.connectworks.com/trust-management?hsLang=en#getting-started-with-trusts) - [ASSOCIATED PARTIES (TRUSTS)](https://support.connectworks.com/trust-management?hsLang=en#associated-parties-trusts) - [ASSETS & LIABILITIES](https://support.connectworks.com/trust-management?hsLang=en#assets-liabilities) - [Entity Types](https://support.connectworks.com/entity-types?hsLang=en#main-content) - [INDIVIDUALS](https://support.connectworks.com/entity-types?hsLang=en#individuals) - [ESTATES](https://support.connectworks.com/entity-types?hsLang=en#estates) - [PARTNERSHIPS](https://support.connectworks.com/entity-types?hsLang=en#partnerships) - [LPs](https://support.connectworks.com/entity-types?hsLang=en#lps) - [Document Management & Client Engagement](https://support.connectworks.com/document-management-client-engagement?hsLang=en#main-content) - [CLIENT ENGAGEMENT](https://support.connectworks.com/document-management-client-engagement?hsLang=en#client-engagement) - [DOCUMENT GENERATION FROM PRECEDENTS](https://support.connectworks.com/document-management-client-engagement?hsLang=en#document-generation-from-precedents) - [DOCUMENT MANAGEMENT](https://support.connectworks.com/document-management-client-engagement?hsLang=en#document-management) - [DOCUMENT SHARING & SIGNING](https://support.connectworks.com/document-management-client-engagement?hsLang=en#document-sharing-signing) - [DOCUMENT PACKS](https://support.connectworks.com/document-management-client-engagement?hsLang=en#document-packs) - [Non-professional user guide](https://support.connectworks.com/non-professional-user-guide?hsLang=en#main-content) - [GETTING STARTED FOR NON-PROFESSIONAL USERS](https://support.connectworks.com/non-professional-user-guide?hsLang=en#getting-started-for-non-professional-users) - [DOCUMENT MANAGEMENT FOR NON-PROFESSIONAL USERS](https://support.connectworks.com/non-professional-user-guide?hsLang=en#document-management-for-non-professional-users) - Home - Products - Pricing - Blog - Company [![Chill listening crop-3](https://support.connectworks.com/hs-fs/hubfs/CW%20Logo%20Main%20-%20Transparent.png?width=33&height=24&name=CW%20Logo%20Main%20-%20Transparent.png "Chill listening crop-3")](http://connectworks.com) [mailto:support@connectworks.com](mailto:support@connectworks.com) Copyright © 2025, connectworks.com