In Loan Performer, the American Chart of Accounts is kept as the default. In this system, Accounts starting with 1 are Assets, 2 - Liabilities, 3 - Equity, 4 - Income and 5 - Expenses. However you can Import your own Chart of accounts to replace the default one at System/Configuration/Accounting/Import Chart of Accounts and if you already have data entered then you can replace it at Tools->Replace Chart of Accounts but this will require you to have supervisory rights set at System/Configuration/Users.
Balance accounts start with 1; 2 or 3, whereas Profit and Loss Accounts start with 4 and 5. In the American system you should not use or create accounts that start with 6, 7, 8 or 9. Each account number will by default have 6 digits. However you can change and increase this at System/Configuration/Accounting/Accounts Settings.
To view the Chart of Accounts you go to Accounting->Chart of Accounts
How to create a new GL account/Sub-account
To create a new account/sub-account you go to Accounts/Chart of Accounts and a screen will appears as follows:
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