Building a Practical Chart of Accounts: Two Sample Documents (Free Download) Your email has been sent Don’t make an accounting mistake. Small businesses need to create a cogent, coherent, and ...

A chart of accounts lists all of the account names in a company’s general ledger. This financial organization tool categorizes these accounts by type and gives a clearer picture of a company’s ...

An engineering controls systems company will have both suppliers and customers to account for. Customers that buy on credit should be listed as accounts receivable, which are a type of asset.

Businesses that employ double-entry bookkeeping use a general ledger to compile their financial information. Investors can review them as well as the supporting documents.