Copying the Chart of Accounts from Another Organization

When creating a new organization in Wafeq, and you're managing multiple organizations with the same financial structure at once, you don’t need to manually recreate the chart of accounts for each organization from scratch.

The “Copy Chart of Accounts from Another Organization” feature allows you to reuse the chart of accounts from any organization you have access to (including the structure, accounts you've added, and related settings), helping ensure consistency and simplifying your accounting setup.

What is this feature?

It allows you to import the entire chart of accounts from an existing organization in Wafeq into a newly created one instead of building it manually from the ground up.

When should you use it?

• When creating a new organization that follows the same business activity or accounting structure as an existing one.

• When working with a group of companies and want to unify the chart of accounts (revenue, expense, asset accounts, etc.).

• To save time and avoid errors from manual data entry.

How to copy the chart of accounts when creating a new organization?

Click your account name at the top of the main menu, then select “Switch”

Click the "+Create new organization" icon to add a new organization under the same account (email address).

Enter the new organization’s basic details, then click “Copy Chart of Accounts.”

• You’ll see a list of organizations you have access to.

• Select the source organization (the one with the chart of accounts you want to copy).

• Click “Create New Organization.”

All accounts including names, structure, and codes will be copied to the new organization.

Notes:

• Balances and transactions are not copied only the account structure.

• You must have view permissions for the chart of accounts in the source organization for it to appear in the selection list.