Sample of chart account
First we open the Peach tree account.
we click the maintain
button on the soft wear .
then we get the chart .in the chart we give the id and name
and then type of entry
In which we give the different numbers of different entries
105 is the (account id )
Cash in bank is the
(description)
Cash is ( account types )
Theses are entries we put in the account chart in soft ware
Account
id
|
Account description
|
Account Type
|
||||
105
|
Cash in
bank
|
Cash
|
||||
109
|
Petty
cash
|
Cash
|
||||
110
|
Accounts
receivable
|
Accounts
Receivable
|
||||
118
|
Allowance
for doubtful accts
|
Accounts
Receivable
|
||||
120
|
Inventory
|
Inventory
|
||||
130
|
Prepaid
expenses
|
Other
Current Assets
|
||||
140
|
Property and Equipment
|
|||||
141
|
Land
|
Fixed
Assets
|
||||
142
|
Building
|
Fixed
Assets
|
||||
143
|
Leasehold
improvements
|
Fixed
Assets
|
||||
144
|
Furniture
and fixtures
|
Fixed
Assets
|
||||
145
|
Equipment
|
Fixed
Assets
|
||||
146
|
Automotive
equipment
|
Fixed
Assets
|
||||
150
|
Accumulated Depreciation
|
Accumulated
Depreciation
|
||||
152
|
Depr-building
|
Accumulated
Depreciation
|
||||
153
|
Depr-leasehold
improvements
|
Accumulated
Depreciation
|
||||
154
|
Depr-furniture
and fixtures
|
Accumulated
Depreciation
|
||||
155
|
Depr-equipment
|
Accumulated
Depreciation
|
||||
156
|
Depr-automotive
equipment
|
Accumulated
Depreciation
|
||||
160
|
Other Assets
|
|||||
162
|
Long-term
investments
|
Other
Assets
|
||||
168
|
Due from
officer
|
Other
Assets
|
||||
200
|
Current Liabilities
|
Account Type
|
||||
202
|
Notes
payable
|
Other
Current Liability
|
||||
210
|
Accounts
payable
|
Accounts
Payable
|
||||
212
|
Accrued
expenses payable
|
Other
Current liability
|
||||
220
|
Wages
payable
|
Other
Current liability
|
||||
221
|
Income
Tax Payable
|
Other
Current liability
|
||||
222
|
Sales Tax
Payable
|
Other Current
liability
|
||||
250
|
Long-Term Liabilities
|
|||||
252
|
Mortgage
payable
|
Long Term
Liability
|
||||
261
|
Long-term
note payable
|
Long Term
Liability
|
||||
271
|
Due to
officer
|
Long Term
Liability
|
||||
300
|
Stockholders’ Equity
|
|||||
381
|
Common
stock
|
Equity
does not close
|
||||
390
|
Retained
earnings
|
Equity
retained earning
|
||||
392
|
Dividends
|
Equity
gets close
|
||||
400
|
Revenue
|
Account Type
|
||||
410
|
Sales
|
Income
|
||||
500
|
Cost of Sales |
|||||
510
|
Cost of
goods sold
|
Cost of
|
||||
600
|
Operating Expenses
|
|||||
610
|
Salaries
and wages
|
Expense
|
||||
621
|
Advertising
|
Expense
|
||||
622
|
Amortiz
leasehold improv.
|
Expense
|
||||
623
|
Automobile
expense
|
Expense
|
||||
626
|
Bad debts
expense
|
Expense
|
||||
627
|
Bank
service charge
|
Expense
|
||||
632
|
Commissions
|
Expense
|
||||
638
|
Depreciation
expense
|
Expense
|
||||
640
|
Dues and
subscriptions
|
Expense
|
||||
643
|
Entertainment
|
Expense
|
||||
650
|
Insurance
|
Expense
|
||||
655
|
Interest
expense
|
Expense
|
||||
657
|
Licenses
and permits
|
Expense
|
||||
659
|
Miscellaneous
expense
|
Expense
|
||||
660
|
Office
expense
|
Expense
|
||||
666
|
Postage
|
Expense
|
||||
667
|
Professional
fees
|
Expense
|
||||
668
|
Rent
expense
|
Expense
|
||||
669
|
Rental of
equipment
|
Expense
|
||||
672
|
Repair
and maintenance
|
Expense
|
||||
690
|
Telephone
|
Expense
|
||||
691
|
Travel
|
Expense
|
||||
695
|
Utilities
|
Expense
|
||||
700
|
Other Income (Expense)
|
|||||
710
|
Interest
income
|
Income
|
||||
790
|
Miscellaneous
income
|
Income
|
||||
895
|
Income
tax expense
|
Expense
|
||||
The procedure of saving data is push the button of (alt) and(s)
then the entry would be saving. Then again new entry enters as first entry and
then saves


No comments:
Post a Comment