Accounting Settings

Chart of Accounts

20 default accounts

Asset

Liability

Equity

Revenue

Expense

Code	Account Name	Type	Subtype	Normal Balance
1000	Cash at Hand	Asset	current_asset	DEBIT
1010	Bank Account	Asset	current_asset	DEBIT
1020	Accounts Receivable	Asset	current_asset	DEBIT
1100	Inventory	Asset	current_asset	DEBIT
2000	Accounts Payable	Liability	current_liability	CREDIT
2100	VAT Payable	Liability	current_liability	CREDIT
3000	Owner's Equity	Equity	—	CREDIT
3100	Retained Earnings	Equity	—	CREDIT
4000	Sales Revenue	Revenue	—	CREDIT
4100	Other Revenue	Revenue	—	CREDIT
5000	Cost of Goods Sold	Expense	cogs	DEBIT
5100	Rent	Expense	operating_expense	DEBIT
5200	Salaries	Expense	operating_expense	DEBIT
5300	Utilities	Expense	operating_expense	DEBIT
5400	Transportation	Expense	operating_expense	DEBIT
5500	Marketing	Expense	operating_expense	DEBIT
5600	Office Supplies	Expense	operating_expense	DEBIT
5700	Maintenance	Expense	operating_expense	DEBIT
5800	Insurance	Expense	operating_expense	DEBIT
5900	Miscellaneous	Expense	operating_expense	DEBIT