/
About Account Numbering Logic
About Account Numbering Logic
Although different businesses may use different accounts, the numbering schema that are typically used are very standard. A common coding system employed by most businesses is to use a three or four digit code series as follows:
Account Number |
Type of Account |
1000-1999 |
Assets |
2000-2999 |
Liabilities |
3000-3999 |
Owner Equity or Fund Balance |
4000-4999 |
Revenue |
5000-5999 |
Expense |
, multiple selections available,
Related content
About Account Numbering Logic
About Account Numbering Logic
More like this
About the General Ledger Account Structure
About the General Ledger Account Structure
More like this
About Transaction Analysis of Debits and Credits
About Transaction Analysis of Debits and Credits
More like this
About the Chart of Accounts
About the Chart of Accounts
More like this
Editing Exchange Rate Account Numbers
Editing Exchange Rate Account Numbers
More like this
Understanding Accounting Fundamentals
Understanding Accounting Fundamentals
More like this
Copyright © 2014-2017 Aptify - Confidential and Proprietary