Chart of accounts example
Below is an example of a chart of accounts. A few comments on this chart of accounts:
- The column header Verz. is an abbreviation of Summary account.
- The column header Afl. is an abbreviation of Reconcile.
- The column header Val. is an abbreviation of Currency.
- The Account levels have also been processed in this chart of accounts and are bolded.
Account
Description
Type
Type
VAT
Preference
Verz.
Afl.
Val.
Level
0010
Lands
Assets
Other
0050
Buildings
Assets
Other
0100
Machines
Assets
Other
0101
Furniture and equipment
Assets
Other
0110
Machine revaluation
Assets
Other
0111
Furniture and equipment revaluation
Assets
Other
0120
Machine revaluation reserve
Assets
Other
0121
Furniture and equipment revaluation reserve
Assets
Other
0199
Durable assets
2
0200
Machine depreciation
Assets
Other
C
0201
Furniture and equipment depreciation
Assets
Other
C
0210
Machine revaluation depreciation
Assets
Other
C
0211
Furniture and equipment revaluation depreciation
Assets
Other
C
0269
Depreciation of durable assets
2
0299
Fair value
3
0300
Equalisation reserve subsidies
Liabilities
Other
0400
Replacement reserve
Liabilities
Other
C
0600
Share capital
Liabilities
Other
C
0603
Shares in Portfolio
Liabilities
Other
0608
General reserve
Liabilities
Other
C
0700
Goodwill
Assets
Other
0750
Undivided earnings
Liabilities
Other
0800
Securities
Assets
Other
0900
Pension provisions
Liabilities
Other
0990
Total assets
3
0992
Management loan
Assets
Other
0995
Total loans
3
0999
Total category 0
7
1000
Cash
Assets
Other
1005
Cash at counter
Assets
Other
1010
Pin/Chip card suspense account
Assets
Other
Y
1099
Total cash in hand
2
1100
ABN-AMRO Bank
Assets
Other
1101
ING Bank
Assets
Other
1102
RABO Bank
Assets
Other
>
1110
Fortis
Assets
Other
1199
Total domestic banks
1
1200
Deutsche Bank AG
Assets
Other
1202
Generale Bank
Assets
Other
1204
Barclay Bank
Assets
Other
Y
1250
ABN-AMRO Bank USD
Assets
Other
Y
1290
Total international banks
1
1298
Total banks
2
1299
Total funds
3
1300
Interest charges due
Liabilities
Other
D
1400
Domestic accounts receivable
Assets
Other
Y
1401
International accounts receivable
Assets
Other
Y
1450
Doubtful debtors
Assets
Other
1451
Write-off of doubtful debtors
Assets
Other
1460
Provision for doubtful debtors
Assets
Other
1493
Total accounts receivable
3
1520
VAT to be claimed - low
Assets
VAT
Y
1521
VAT to be claimed - high
Assets
VAT
Y
1522
VAT to be claimed - transferred
Assets
VAT
Y
1523
VAT to be claimed - mileage allowance
Assets
VAT
Y
1524
VAT 0%
Assets
VAT
Y
1530
VAT due - low
Liabilities
VAT
Y
1531
VAT due - high
Liabilities
VAT
Y
1532
VAT due - transferred
Liabilities
VAT
Y
1533
VAT due - imports
Liabilities
VAT
Y
1534
VAT due - ICP
Liabilities
VAT
Y
1541
VAT on Telesales (EC)
Liabilities
VAT
Y
1593
Total VAT accounts
3
1600
Domestic accounts payable
Liabilities
Other
Y
1601
International accounts payable
Liabilities
Other
Y
1610
Payments in transit
Liabilities
Other
C
1693
Total accounts payable
3
1700
Prepaid expenses
Assets
Other
D
1793
Total prepaid expenses
3
1800
Payment of wage tax/AOW
Liabilities
Other
C
1810
‘Vpb’ due
Liabilities
Other
C
1820
Payment due to trade association
Liabilities
Other
C
1830
VAT due/received
Liabilities
Other
1842
Total inspections
3
1990
Suspense account memo
Assets
Other
Y
1991
Fixed journal entries
Assets
Other
1992
Rounding difference for assets
Assets
Other
1993
Total miscellaneous
3
1999
Total category 1
7
2000
Net wages
Assets
Other
2100
Cash/bank balancing entries
Assets
Other
Y
2200
General journal contra account
Assets
Other
2800
Extended trial balance contra account
Assets
Other
2810
Salaries contra account
Assets
Other
2900
Demand items
Assets
Other
2950
Shares in Portfolio result
Liabilities
Other
2970
Fixed assets contra account
Liabilities
Other
2980
Projects contra account
Assets
Other
2990
Balance sheet contra account
Liabilities
Other
2992
Rounding difference for liabilities
Liabilities
Other
2999
Total category 2
7
3000
Stock - audio
Assets
Other
3010
Stock - video
Assets
Other
3020
Stock - components
Assets
Other
3090
Stock - packaging
Assets
Other
3100
Work in progress (costs)
Assets
Other
D
3110
Work in progress (revenues)
Assets
Other
C
3500
Suspense account - stock
Assets
Other
3800
Stock difference - audio
Costs
Other
3810
Stock difference - video
Costs
Other
3820
Stock difference - components
Costs
Other
3900
Revaluation of audio
Costs
Other
3910
Revaluation of video
Costs
Other
3920
Revaluation of components
Costs
Other
3930
Manufacturing difference
Costs
Other
3990
Coverage of materials
Revenues
Other
3997
Total category 3
7
3999
Total balance sheet
8
4000
Gross wages
Costs
Other
D
4040
Withheld social contributions
Costs
Other
D
4045
Paid social contributions
Costs
Other
D
4060
Canteen costs
Costs
Other
Y
D
4080
Hired-in personnel
Costs
Other
Y
D
4090
Other personnel costs
Costs
Other
D
4091
Coverage of direct wages
Revenues
Other
D
4095
Total personnel costs
5
4100
Rents
Costs
Other
Y
D
4150
Energy
Costs
Other
Y
D
4155
Cleaning costs
Costs
Other
Y
D
4190
Other accommodation costs
Costs
Other
Y
D
4195
Total accommodation costs
5
4200
Freight charges
Costs
Other
D
4295
Total freight charges
5
4300
Office supplies
Costs
Other
Y
D
4305
Subscriptions
Costs
Other
Y
D
4310
Postage
Costs
Other
Y
D
4320
Computer costs
Costs
Other
Y
D
4330
Telephone costs
Costs
Other
Y
D
4395
Total office costs
5
4400
Fuel
Costs
Other
Y
D
4420
Mileage allowance
Costs
Other
Y
D
4440
Car insurance
Costs
Other
Y
D
4490
Other car costs
Costs
Other
Y
D
4495
Total car costs
5
4500
Publicity costs
Costs
Other
Y
D
4505
Advertising costs
Costs
Other
Y
D
4520
Printing
Costs
Other
Y
D
4590
Other costs of sales
Costs
Other
Y
D
4595
Total costs of sales
5
4600
Maintenance of machines
Costs
Other
Y
D
4690
Other machine costs
Costs
Other
Y
D
4695
Total machine costs
5
4700
Accountant fees
Costs
Other
D
4770
Insurances
Costs
Other
D
4795
Total general expenses
5
4800
Depreciation costs of machines
Costs
Other
D
4810
Depreciation costs of furniture and equipment
Costs
Other
D
4830
Write-off costs of doubtful debtors
Costs
Other
D
4895
Total depreciation and write-off costs
5
4900
Bank charges
Costs
Other
D
4910
Interest charges
Costs
Other
D
4950
Payment difference - accounts receivable
Costs
Other
4960
Payment difference - accounts payable
Costs
Other
4992
Coverage of direct costs
Revenues
Other
4995
Total miscellaneous costs
5
4996
Total costs
6
5000
Audio purchases received
Assets
Other
Y
5002
Purchase of audio
Assets
Other
D
5009
Outstanding receipt of audio purchases
1
5010
Video purchases received
Assets
Other
Y
5012
Purchase of video
Assets
Other
D
5019
Outstanding receipt of video purchases
1
5020
Component purchases received
Assets
Other
Y
5022
Purchase of components
Assets
Other
D
5029
Outstanding receipt of purchases Components
1
5040
Miscellaneous purchases received
Assets
Other
Y
5042
Miscellaneous purchases
Assets
Other
D
5049
Outstanding receipt of miscellaneous purchases
1
5099
Outstanding receipt of purchases
2
5996
Total purchases
6
6000
Manufacturing
Assets
Other
6100
Coverage of direct hours
Revenues
Other
6110
Coverage of indirect hours
Revenues
Other
6120
Coverage of materials
Revenues
Other
6130
Coverage of other project costs
Revenues
Other
6140
Coverage of project revenues
Revenues
Other
6150
Provisional project revenues
Revenues
Other
6996
Total projects
6
7000
Cost price of audio sales
Costs
Other
D
7010
Cost price of video sales
Costs
Other
D
7020
Cost price of component sales
Costs
Other
D
7200
Cost price of repairs
Costs
Other
D
7300
Project cost price
Costs
> Other
D
7996
Total cost price of sales
6
8000
Audio revenues
Revenues
Other
Y
C
8010
Video revenues
Revenues
Other
Y
C
8020
Components revenues
Revenues
Other
Y
C
8200
Repairs revenues
Revenues
Other
Y
C
8300
Charged-on costs
Revenues
Other
Y
C
8400
Project revenue
Revenues
Other
Y
C
8410
Discounts granted
Costs
Other
Y
D
8420
Charged-on administrative costs
Revenues
Other
Y
C
8422
Charged-on miscellaneous costs
Revenues
Other
Y
C
8430
VAT rounding difference
Costs
Other
8500
EU currency exchange rate difference
Revenues
Other
8510
Non-EU currencies exchange rate difference
Revenues
Other
8550
Revaluation of EU currency
Revenues
Other
8560
Revaluation of non-EU currencies
Revenues
Other
8600
Subscription revenues
Revenues
Other
C
8610
Revenues from contributions
Revenues
Other
C
8620
Rental revenues
Revenues
Other
C
8800
Credit restrictions
Revenues
Other
8900
Revenues from the sale of assets
Revenues
Other
C
8996
Total revenues
6
8997
Total revenues - costs
7
9000
Extraordinary expenses
Costs
Other
D
9010
Extraordinary income
Revenues
Other
C
9020
Interest paid
Costs
Other
D
9030
Interest received
Revenues
Other
C
9201
Losses on the sale of assets
Costs
Other
D
9202
Profit on the sale of assets
Revenues
Other
C
9205
Subsidy releases
Revenues
Other
C
9992
Profit/loss rounding difference
Costs
Other
9997
Total extraordinary expenses/income
7
9998
Total result
8
9999
Total ledger
9