Charts of Account | Wiise New Zealand

Overview:

Learn about what charts of account are included with Wiise in New Zealand.

What Charts of Accounts are available in Wiise New Zealand?

Wiise has worked closely with KPMG New Zealand to design six industry-specific charts of accounts for NZ customers. These charts of account include local New Zealand accounting requirements including KiwiSaver. The charts of accounts come preloaded with Wiise and populate the environment depending on which industry is selected during set-up.

The New Zealand-specific industries include:

  • Product

  • Product and Services

  • Services

  • Construction

  • Manufacturing

  • FP Services

Each industry charts of accounts includes New Zealand-required general ledgers. These general ledgers provide you with the fields and tabled to enter your accounting data. The general ledgers are:

  • FBT Accured

  • Accrued Expenses – KiwiSaver

  • Student Loan Accrual

  • KiwiSaver

  • R&D Tax Credits

  • Research & Development

 

Please note that the charts of account is populated by the industry selected during the initial set up of Wiise.