Summary
KLARA’s chart of accounts is stored as the default and cannot be customised.
KLARA’s chart of accounts is fixed and cannot be altered. However, users no longer need to customise it because the platform now utilizes business cases and tags for financial entries instead of direct interaction with the chart of accounts.
How it Works
- When you receive an invoice, such as from your telecommunications provider, you do not need to enter a specific account number from the chart of accounts.
- Instead, you can simply type a relevant term, like “Telephone.”
- KLARA will then suggest the appropriate business case for your posting.
- Use tags to categorize individual expenses meaningfully, avoiding complex accounting terminology.
Benefits
- Simplified data entry process.
- Enhanced suggestions based on user input.
- Continuous learning and improvement of KLARA’s capabilities.
KLARA's system is designed to streamline your accounting tasks, making it easier to manage expenses without the need for traditional account numbers.
KLARA’s learning capabilities mean that it adapts over time, improving its suggestions and functionalities based on user interactions. This ensures that the platform remains user-friendly and efficient for all your accounting needs.
By focusing on business cases and tags, KLARA provides a modern approach to accounting that reduces the reliance on a static chart of accounts.
FAQ
Q: Can I still use the standard chart of accounts?
A: Yes, the standard chart of accounts is still used, but you interact with it through business cases and tags instead of directly.
Q: How does KLARA learn and improve?
A: KLARA continuously learns from user interactions, expanding its knowledge and enhancing its capabilities over time.