About the chart of accounts

Use the chart of accounts to view a filtered list of accounts. You can then print an aesthetically pleasing version of your chart of accounts, memorize your settings, and so on. This report contains the same information as the chart of accounts list (General Ledger > All > Setup > General Ledger Accounts); however, you cannot edit the information in this report.

To access this report, go to General Ledger > All > Reports > Chart of accounts.

 

To examine the way your accounts are mapped into groups, display the Account Group hierarchy report. The Account Group hierarchy report shows you the hierarchical structure (that is, which accounts are members of which groups and which groups are members of other groups), whereas the chart of accounts is a flat listing of all accounts. The Account Group hierarchy report enables you to verify how you have organized your accounts.

If you selected a template on which to base your company in the template tab of the Setup Wizard, your company was created with a standard chart of accounts.

Who typically needs this report

Implementers, administrators, and anyone who needs to know the general finances typically use this report.

What's in this report?

The default Chart Of Accounts consists of the following columns:

Report Column Heading	Description
Account no.	The unique account number
Title	The name of the account
Type	BAL (balance sheet) or INC (income statement)
Balance	The normal balance: DB (debit) or CR (credit)
Closes into	The account that this account number closes into
Require department	If Yes, a department is required to run the report
Require location	If Yes, a location is required to run the report

You can select any link to drill down to the details.