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A chart of accounts is a list of accounts for recording and categorizing transactions in a company’s general ledger. It sorts transactions into groups so that you can run reports on them.
Building a Practical Chart of Accounts: Two Sample Documents (Free Download) Your email has been sent Don’t make an accounting mistake. Small businesses need to create a cogent, coherent, and ...
To give you an example of what a chart of accounts might look like, we’ve rounded up examples from three popular small-business accounting software platforms: QuickBooks, Freshbooks and Xero ...
Right click the mouse anywhere in the chart of accounts. Select the "new" option from the pop-up menu. Move down the left side of the set-up window and select "other account types." ...
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