Chart of Accounts

Would you like to see some behind-the-scenes bookkeeping?

The Chart of Accounts is a list of all of the different categories that a transaction can fall under in the business.

Each business’s chart of accounts looks slightly different, and is tailored to that business’s specific needs. 

Usually, an account in a business’s chart of accounts will be one of the following types:

  • Assets
  • Liabilities
  • Equity
  • Revenue
  • Expenses

For more information, you can check out my book on D.I.Y. Bookkeeping. Chapter 3 is completely dedicated to the Chart of Accounts.  

Buy D.I.Y. Bookkeeping on Amazon

Blessings,

Valerie Johnston