Chart of Accounts Numbering Convention

By |2021-07-08T16:06:09-05:00February 6th, 2021|

Organize with a Numerical System A standard chart of accounts is organized according to a numerical system. Thus, each major category will begin with a certain number, and then the sub-categories within that major category will all begin with the same number. If assets are classified by numbers starting with the digit 1, then cash