Create Your First Company

New company drawer showing account fields and accounting edit permissions

Required account fields selector showing Code and Name choices

Field Setup window showing item identification and Invoice defaults

Create a company from the Companies tab and set the core accounting options that SPRK uses for day-to-day work.

When to use this

Use this guide when you want to start a new company in SPRK without importing it from another accounting system.

Before you start

  • You can open Companies from the left sidebar.
  • You have permission to create a company in your current workspace.
  • You know the company display name you want to use.
  • You know whether you want SPRK to start with default accounts or a blank chart.

Steps

  1. Open Companies from the left sidebar.
  2. Select New Company.
  3. In the New Company drawer, complete the core fields:
    • Company Display name is required.
    • Legal name is optional if it is different from the display name.
    • Currency sets the default reporting currency.
    • Country (ISO) is the two-letter country code shown in the form, such as US.
  4. Accounts setup starts turned off, which creates a blank chart. Turn it on if you want SPRK to seed default accounts.
  5. Select Configure beside Field setup, then review:
    • Required account fields
    • Item identification
    • Default invoice payment terms
    • New invoice workflow
  6. Review the other accounting settings that matter for your company:
    • Posting Cutoff Date
    • Fiscal Year End
    • Dimensions
  7. Review Accounting edit permissions before creating the company.
    • Workspace or tenant defaults can prefill accounting edit policies when those defaults exist.
    • Explicit choices you make in the company drawer override those defaults for the new company.
    • If the form exposes Control accounts, use it for accounts that should be posted through their source workflow instead of new manual journals.
    • Tenant defaults are managed from Defaults; saving a different value in the new-company drawer controls the new company.
  8. Use Required account fields to decide whether account codes are required in visible account setup.
    • Choosing Name only can make account-code columns and code-first labels disappear from the Chart of Accounts, bank-account choosers, reconcile account selectors, and account dropdowns that otherwise show code ยท name.
    • When Name only is active, account pickers sort and label by account name instead of code-first display strings.
  9. For date fields such as Posting Cutoff Date and Fiscal Year End, you can use the visible calendar control or type a date directly. Typed dates should follow your saved Preferences date order.
  10. Under Item identification, choose how supported item labels should appear:
    • Item number + description shows item numbers beside descriptions where supported.
    • Description only hides item numbers in supported item and invoice workflows without deleting the saved item numbers.
  11. Select Create.
  12. Confirm that Company created appears and the new company becomes active.
  13. If the company will use invoices or bills, reopen it from Companies and select Edit. Under Field setup, select Configure and set Default Accounts Receivable and Default Accounts Payable. These account defaults are available after creation, not in the new-company form.
  14. Review printed-invoice details such as company contact fields and Payment Instructions after the company exists.

What happens next

The new company is added to the Companies table and becomes available as the active company across the app.

If something looks wrong

What You See What To Check What To Do Next
A required value or review step is missing Leaving Company Display name blank The create action is not meant to succeed without it
No default receivable or payable fields appear during creation Whether the company has been created yet Create the company, reopen Edit, then use Field setup > Configure
New invoices use the wrong terms or starting status Default invoice payment terms and New invoice workflow in Field setup Edit those defaults before creating the next invoice