How to add account types?

How to add income and expense account types.

Adding account types:

Go to the Accounting tab on the left and Click “New Income Account”.

You will see that you have four or five options to choose from. However, if you want to add a new account type, follow these steps:            

Click on “Accounting”(Left), then find “Add Account Type” (Upper-Right).

Make sure to select an income account since that is what you're billing for. 

Provide a name for the account (mandatory) and a description (optional, but recommended). Click Save account and you’re all good to go.