You can create new account by the following steps:
STEP-1: Click on Master-> Account Group…. Account group form will appear.
STEP-2: Click on Add New button. Fill the details and click on Save.
Click on Master-> List Account Groups. Account group list will appear.
Step-1: Click on Master-> Account Group.. Account group tree will appear. Select the accounting group and click on Edit button.
Step-2: Edit the details and click on Save.