Accounting

Chart of Accounts

The organised list of all ledger accounts a business uses to classify its transactions.

A chart of accounts (CoA) is the structured list of every account used in the books — assets, liabilities, equity, income and expenses — each with a name and often a code. It is the framework that determines how transactions are classified and how reports roll up.

A well-designed chart of accounts makes financial statements meaningful and keeps reporting consistent as the business grows.

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