Add a Company Financial Account

Company financial accounts track money that belongs to your business. If you run a sole proprietorship, freelance business, or any company registered in PaperLink, you add its bank accounts, cash registers, and payment accounts here.

A typical workflow: your company receives a payment into a company bank account, you pay taxes and business expenses from it, then transfer the remaining profit to your personal account.

Open Company Accounts

1. Click Settings in the sidebar.
2. Open the Team section.
3. Click the Accounting tab.
4. Select your company from the dropdown at the top.

Add an Account

1. Click Add Account.
2. Fill in the form fields (see below).
3. Click Save.

Form Fields

Account Name (required) - a descriptive name, up to 100 characters. Example: "Business Checking EUR".

Account Type (required) - select one:

Type	Use for
Bank	Business checking and savings accounts
Cash	Physical cash register
PayPal	Business PayPal account
E-Wallet	Business digital wallets
Crypto	Company crypto wallets
Investment	Business investment accounts
Loan	Business loans, credit lines
Other	Anything that does not fit the types above

Company (required) - select which company owns this account. The currency defaults to the company's base currency.

Currency (required) - the currency this account uses. Pre-filled from the selected company but can be changed. Cannot be changed after creation.

Initial Balance - the starting balance. Defaults to 0. Use negative values for loans.

Include in Balance - toggle on (default) to include this account in the company's total balance overview.

Set as Default - toggle on to make this the default account for the selected company. Only one account per company can be the default.

Transfers Between Company and Personal Accounts

You can create transfer transactions to move money between company and personal accounts. This is how you record withdrawals from a business account to your personal one (or vice versa).

Edit, Archive, and Delete

Click any account card to open the edit form. You can change the name, type, and toggle settings.

The initial balance field is locked once the account has transactions. The currency cannot be changed after creation.

To archive, open the account and click Archive Account. To delete, click Delete Account - only possible if the account has no transactions.

Related

• Manage Company Categories - income and expense categories for company accounting
• Manage Company Currencies - set up currencies and exchange rates for a company
• Add a Financial Account - personal financial accounts
• Set Up Your Company - create a company before adding company accounts
• Use Description Autocomplete - auto-fill account and amount from past transactions