Go: Settings > Accounting > New Account
Chose your desired options from add page like Account Type, Sub Account, Account Code, Opening Date, Opening Balance and click on Save button.
Account Name: Desired Name you want to put in the account
Account Type: What type (whether asset, liabilities, expense, equity etc.)
Sub Account: You can create an account put as a sub account of another account by selecting the specific account on that section
Account Code: You can put or set an account code for a specific account so that you can keep track by assigning code to an account group