webERP Sample Chart of Accounts

2

1206 ...

13 Long term investments

1301 Investment in stock

1302 Investment in xxx bonds

1303 Long term investment- fair value adjustment

1304 Investment in...

14 Receivable form sister company/partner accounts

1401 Receivable from sister companies

1402 A/R partners accounts

15 Fixed assets

1501 Vehicles and automobiles

1502 Furniture & fixture

1503 Office equipment

150301 Computer equipment

150302 Electronic items (photocopying. TV, Video,)

150303 Other

1504 Leasehold improvements

1505 Machinery

1506 Store equipment

1507 Building

1508 Land

16 Accumulated depreciation

1601 Depreciation Vehicles and automobiles

1602 Depreciation Furniture & fixture

1603 Depreciation Office equipment

160301 Depreciation Computer equipment

160302

Depreciation Electronic items (photocopying. TV,

Video,)

160303 Depreciation Other

1604 Depreciation Leasehold improvements

1605 Depreciation Machinery

1606 Depreciation Store equipment

1607 Depreciation Building

1608 Depreciation Land

18 Deposits

19 Intangible assets (other assets)

1901 Organizational cost

1902 Patents

1902 Franchise

1903 Copyrights

1904 Leasehold

3

2 Liabilities

21 Accounts payable

2101 Assets suppliers payable

2102 Trade suppliers payable

2103 Payable to employees

2104 Other suppliers payable

22 Payable to government institutions

2201 Sales tax Payable

2202 Payroll tax payable

2203 Income tax payable

2204 Other tax payable

23 Unearned revenues

2301 Advances from customers

2302 Other unearned revenues

2303 Deferred income - sponsorship/registration fees/maintenance

24 Bank loans

26 Notes payable

2601 Notes payable

27 Long term liabilities

2701 Long term Notes payable

2702 Long term Land payable

2703 Long term Equipment/vehicle payable

2704 Long term lease payable

2705 Other long term liabilities

3 Equity

30 Owners' Equity

3001 Stated capital

3002 Capital Surplus

3003 Capital Withdrawal

31 Corporate contributed capital

3101 Common stock subscribed

3102 Common stock, par value

32 Retained earning

3201 Previous years returned earning

3202

Last year

results

3203 Cash dividend declared

33 Other Owners' equity

3301 Treasury stock common

4

4 Revenue account

41 Revenues from sales to customers

4101 Revenues from products- Family xxx

4102 Revenues from products- Family yyy

4103 Revenues from products- Family zzz

42 Revenues from sales to sister companies

4201 Revenues from products- Family xxx

4202 Revenues from products- Family yyy

4203 Revenues from products- Family zzz

43 Commissions earned

44 Dividends earned

45 Earnings from investments

46 Other income

47 Interest earned

48 Sales return

49 Sales discounts

5 Cost of sales

51 Cost of sales done to trade customers

5101 Cost of sales from

products- Family xxx

5102 Cost of sales from

products- Family yyy

5103 Cost of sales from products- Family zzz

52 Cost of sales done to sister company

5201 Cost of sales from

products- Family xxx

5202 Cost of sales from

products- Family yyy

5203 Cost of sales from products- Family zzz

6 Expenses

60 Purchases

601 Raw material Purchases

60101

Purchase of raw materials - Family aaa

60102

Purchase of raw materials - Family bbb

60103

Purchase of raw materials - Family ccc

602 Purchases of goods

60201

Purchase of products- Family xxx

60202

Purchase of products- Family yyy

60203

Purchase of products- Family zzz

603 Purchases discounts

60301 Purchase of products- Family xxx

60302 Purchase of products- Family yyy

60303 Purchase of raw materials - Family ccc

604 Purchase returns and allowances

60401 Purchase of products- Family xxx

60402 Purchase of raw materials - Family bbb

60403 Purchase of raw materials - Family ccc

605 Shipment expenses

60501 Freight

60502 Insurance

60503 Customs

60504 Clearing fees

60505 Port handling

60506 Other shipment fees

606 Inventory adjustment

61 Amortization & Depreciation Expenses

6101 Amortization Expense,------------

6102 Depreciation Expense, -------------

62 Employee Related Expenses

6201 Office salaries Expense

6202 Sales salaries Expense

6211 Employee's benefit Expense

6221 Payroll Taxes Expense

63 Financial Expenses

6301 Short cash Expense

6302 Discount Lost

6303 Factoring fee Expense

6304 Interest Expense

64 Insurance Expenses

6401 Insurance Expense, delivery equipment

6402 Insurance Expense, Office equipment

6403 Insurance Expense

,---------

--------

6404 Insurance Expense

65 Rental Expenses

6501 Rent Expense

6502 Rent Expense, office space

6503 Rent Expense, Selling space

6504 Truck, Rent Expense

6505 --------

-----, Rent Expense

66 Supplies Expense

6601 Office Supplies Expense

6602 Stores Supplies Expense

6603 ----------

----Supplies Expense

6604 ----------

----Supplies Expense

67 Miscellaneous Expenses

6701 Advertising Expense

6702 Bad debts Expense

6703 Collection expense

6704 Credit cards Expense

6705 Delivery expense

6706 Equipment Expense

6707 Repairs Expense

6708 Food & Drinks Expense

6709 Gas and Oil Expense

6710 Electricity Expense

6711 Telephone and network Expense

6712 Postage Expense

6713 Permits Expense

6714 Legal Fees expense

6715 Audit fees Expense

6716 Consulting fee Expense

6717 Travel Expense

6718 Hotel Expense

6719 Entertainment expense

6720 Maintenance Expense

6721 Income taxes Expense

6722 Penalties Expense

6723 Gifts Expense

6724 Cleaning Expense

6725 Security Expense

7 Gain on sale of assets

71 Gain on sale of assets

7101 Gain on retirement of bonds

7102 Gain on sale of short-term investments

7103 Gain on sale of machinery

7104 Gain on sale of

-----------

----------

72 Foreign exchange gain

7201 Foreign exchange gain