Chart of Accounts

What is a Chart of Accounts?

A Chart of Accounts is a list of all the names of the accounts found in the General Ledger, normally shown with an account code allocated to it. The list simply sets out the structure of your accounts so that all similar accounts are grouped together.

The term Chart of Accounts is sometimes abbreviated to COA.

For further information on a Chart of Accounts see the Wikipedia definition.

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Last modified March 7th, 2018 by Team

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