Chart of Accounts

  • Riaz Ahmed
Chapter

Abstract

A separate COA is created for each company; however, you can create a COA for one company—the master COA—and then copy it to the others using the Copy COA utility as developed in the next chapter. The accounts created here are selected for each transaction during voucher generation, report calls, and preparation of financial statements. Because this setup is similar to the cost center setup, you will use the copy utility to save some time. The account code used in this setup uses the format 9-99-999-99999, which contains four separate number groupings or levels.

Keywords

Dynamic Action Cost Center Account Nature Transaction Level Report Call 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Riaz Ahmed 2016

Authors and Affiliations

  • Riaz Ahmed
    • 1
  1. 1.KarachiPakistan

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