This article walks you through creating your company and configuring the initial organizational structure. This is a critical step that defines how Light will organize your financial data across entit...
Last updated Jul 22, 2026 · 3 min read
When you complete your profile, you'll be prompted to create your first company:
Go to Settings (gear icon) → Entities (or follow the onboarding prompt)
Click + Create company
Enter the following information:
Click Create company
Your company is now set up. Light uses the base currency you select as the default for financial reporting and consolidation.
Good to know: You can change most company settings later, but the base currency cannot be modified once set. Choose carefully if you operate in multiple currencies.
Most multinational organizations need multiple legal entities for tax, regulatory, or operational reasons. Light handles multi-entity operations natively.
Go to Settings (gear icon) → Entities
Click + Create entity
Enter the following details:
Click Create entity
Light automatically assigns each entity a sequential entity code when it is created.
Repeat for each legal entity you need to manage in Light.
Light supports unlimited currencies for international operations. There is no separate currency list to maintain — currency support follows from your setup:
You can:
Tip: Choose each entity's local currency carefully when you create it, based on where that entity operates.
Light comes with a default chart of accounts template, but you'll likely customize it for your organization:
Go to Settings (gear icon) → Chart of accounts ()
Review the default accounts (Assets, Liabilities, Equity, Revenue, Expenses)
Add custom accounts by clicking + Create account and entering:
Organize your chart with header and sum accounts to group related accounts in reports
You can import accounts from a CSV if you're migrating from a legacy system. Contact support for templates.
Expense categories map receipts and card transactions to GL accounts:
Go to Settings (gear icon) → Reimbursement category
Click + Create category
Enter:
Click Create
Good to know: Light's AI automatically categorizes receipts based on your categories. The more detailed your category structure, the more accurate AI categorization becomes.
Set up how expenses and bills are approved:
Go to Settings (gear icon) → Workflows
Click + Create workflow
Configure:
Click Create
Assign workflows to specific:
Connect your existing tools during setup:
Follow the authentication prompts for each integration. Most take just a few minutes to set up.
Your organization is now configured. Next:
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