Chart of accounts
The chart of accounts is a list of accounts in which the accounts are arranged by group. For companies, a single chart of accounts is recommended, where the following breakdown is used:
- classes numbered with a single digit,
- groups numbered with a two-digit number,
- subgroups numbered with a three-digit number,
- accounts, which are numbered with a four-digit number,
- subaccounts, which are numbered with a six-digit number.
Further breakdown is determined by the users of the single chart of accounts according to the regulations and their needs.
This chapter includes the following examples: