Paprel Setup Guide — Account Configuration

Follow this comprehensive guide to configure your Paprel account for optimal performance and compliance. Proper setup ensures accurate financial reporting and automates tax calculations specific to your region.

Before You Begin: Preparation Checklist

Step 1: Create Your Paprel Account

1. Create a Paprel developer account at app.paprel.com/register
2. Enter your business email address and create a secure password
3. Verify your email address by clicking the confirmation link sent to your inbox
4. Select your primary business type (Service, Retail, Manufacturing, etc.)

Step 2: Configure Company Settings

Basic Information

• Legal Company Name: Enter your registered business name exactly as it appears on official documents
• Display Name: How your name appears on invoices and reports
• Business Address: Your physical business location
• Contact Information: Phone number and website

Fiscal Year Settings

• Financial Year Start Date: Typically January 1st or your incorporation date
• Accounting Method:
  • Cash Basis: Recognize revenue and expenses when cash is exchanged
  • Accrual Basis: Recognize revenue and expenses when earned/incurred (recommended for growing businesses)

Step 3: Configure Tax Settings

Global Tax Setup

1. Navigate to Settings → Tax → Tax Rates
2. Enable the taxes that apply to your business
3. Set up your standard tax rates

Step 4: Set Up Chart of Accounts

1. Review Default Accounts: Paprel provides a standard chart of accounts for your industry
2. Customize Accounts: Add, modify, or disable accounts based on your business needs
3. Account Numbers: Enable and assign account numbers if required
4. Opening Balances: Enter opening balances for each account if migrating from another system

Step 5: Connect Your Bank Accounts

1. Navigate to Banking → Connect Account
2. Search for your bank among 5,000+ supported institutions worldwide
3. Authenticate using secure OAuth connection (no password storage)
4. Select accounts to connect (checking, savings, credit cards)
5. Review and categorize initial transactions

Supported Banks Include: DBS, UOB, OCBC, Chase, Bank of America, Barclays, HSBC, and major financial institutions globally.

Step 6: Import Existing Data (Optional)

1. Customers & Vendors: Import from CSV or migrate from other accounting tools
2. Products & Services: Import your inventory or service items
3. Historical Transactions: Import up to 2 years of transaction history (recommended for accurate reporting)

Step 7: Invite Your Team

1. Navigate to Settings → Users & Permissions
2. Click "Invite User"
3. Assign appropriate role:
   • Admin: Full access to all features and settings
   • Accountant: Access to financial data and reports
   • Standard: Limited to daily operations (invoicing, expenses)
   • Viewer: Read-only access to reports

Step 8: Verify Your Setup

Run these reports to ensure everything is configured correctly:

1. Balance Sheet: Verify opening balances are correct
2. Profit & Loss: Confirm income and expense accounts are properly categorized
3. Tax Liability Report: Ensure tax calculations are working correctly

Need Expert Assistance?

Our team can help with complex setups and accounting workflow questions:

• Migration from QuickBooks/Xero: Migration Guide
• Multi-currency Setup: Multi-currency Guide
• Advanced Inventory Configuration: Inventory Setup
• Live Support: Schedule Setup Consultation

For API integration, see:

• Authentication & tokens
• Build embedded accounting in 20 minutes