VB

Accounting

Chart of Accounts

Every account is a live ledger — click through to record a transaction.

Assets

AccountCategoryBalance
Cash and Cash Equivalentscurrent asset
Accounts Receivablecurrent asset
Prepaid Expensescurrent asset
Inventoriescurrent asset
Other Current Assetscurrent asset
Property, Plant & Equipmentfixed asset
Leasehold Improvementsfixed asset
Vehiclesfixed asset
Furniture & Fixturesfixed asset
Accumulated Depreciationfixed asset
Equity and Other Investmentslong term investment
Investment Capitallong term investment
Stocks Investmentslong term investment
Bonds and Notes Receivablelong term investment
Goodwilllong term investment
Intangible Assetslong term investment
Security Depositsother asset
Deferred Tax Assetsother asset
Other Noncurrent Assetsother asset

Liabilities

AccountCategoryBalance
Accounts Payablecurrent liability
Accrued Wagescurrent liability
Accrued Compensationcurrent liability
Unearned Revenuecurrent liability
Taxes Payablecurrent liability
Other Current Liabilitiescurrent liability
Notes Payablelong term liability
Long-Term Debtlong term liability
Lease Liabilitieslong term liability
Deferred Tax Liabilitieslong term liability
Pension/Employee Benefit Obligationslong term liability

Equity

AccountCategoryBalance
Common Stock / Share Capitalowners equity
Additional Paid-In Capitalowners equity
Treasury Stockowners equity
Retained Earningsowners equity
Accumulated Other Comprehensive Incomeowners equity
Dividends Declaredowners equity

Revenue

AccountCategoryBalance
Sales Revenueoperating revenue
Service Revenueoperating revenue
Rental Incomeoperating revenue
Interest Incomeoperating revenue
Gain on Asset Disposalother revenue
Unusual or Infrequent Gainsother revenue

Expenses

AccountCategoryBalance
Cost of Goods Soldcost of sales
Raw Materials Expensecost of sales
Distribution Expensecost of sales
Payroll Expenseoperating expense
Rental Expenseoperating expense
Utilities (Water & Electricity)operating expense
Depreciation Expenseoperating expense
Amortization Expenseoperating expense
Repairs & Maintenanceoperating expense
Advertising & Marketingsga expense
Insurance Expensesga expense
Office Suppliessga expense
Professional Feessga expense
Travel & Entertainmentsga expense
Interest Expensefinance cost
Bank Feesfinance cost
Loan Amortizationfinance cost
Loss on Asset Disposalother expense
Income Tax Expenseother expense
Impairment Lossesother expense