This screen includes the identification of the Nexsyis control accounts, i.e. Accounts Receivable, Inventory – Purchases, etc.
Unclaimed Property is the account where an item that you would like to remove from the check register without changing the corresponding underlying financial record gets posted. For example a Check that never cleared and where you do not want to void the check thus opening the invoice to pay again.
Legal Fees and Rent. These are used to identify postings for 1099 purposes and may / may not be relevant to your set-up. 1099 plans should be reviewed to confirm.
AP Cash Discounts. This is required even if you don’t take any payment terms discounts on supplier payments.
The Payroll Accounts are only necessary if you use the complete payroll system within NEX.