Accounting by diygalaxy.com

A company’s chart of accounts is the most important part of any accounting system. Revenues, operating expenses perform various functions such as producing, selling, administrative, financing and/or by company divisions, product lines.

Determining your chart of accounts may depend on your company’s size. Larger companies will need more accounts with multiple breakdowns which may be too complex and unnecessary for smaller companies. Our system supports a default set of accounts which can be easily modified based on your requirements.

•  Chart of Accounts

• A sample view of entries made automatically by the system

• Trial Balance

• Balance Sheet