Chart of Accounts

The Chart of Accounts provides a sequential listing of all accounts  set up in your ledger.

•         If installed properly, the title for each section will be printed in BOLD capital letters.  Each account will  be listed underneath, indented five spaces.

•        If a subtotal is  specified, it will be directly below the accounts it includes, and  will be indented an addition 12 spaces.

•        If a marker has been  included to begin a subtotal, it is also indented the 12 spaces, and  is shown as >>.

•        When a section is concluded, a broken line is drawn (  ), and on the next line, the title for the total is printed  in bold capital letters.

•        A line is skipped between sections.

If your Chart of Accounts is not set up correctly, it will look  different than this format.  Print the Chart of Accounts and have  your accountant review the entries to be sure it is correct.  It is  always good to have a chart saved in a reference book, even though  it is readily available on line when using G/L account numbers.