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Problems in Chart of Accounts Design
Problems in Chart of Accounts Design
See also:
Standard Chart of Accounts
Chart of Accounts (COA)
Complex COA Number for SGA Expenses
Example Chart of Accounts for Selling General and Administrative
Time Saving Tip for Filing Vendor Invoices
In this situation multiple companies are either formed or acquired over time.
Because they are often in different industries a different Chart of Accounts is
used for each company. It would be preferable to use a standard Chart of
Accounts customized in the few areas necessary.
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Olivia Durr
Wow great catch on that typo. Hope the article was useful otherwise. Im fixing
that typo now!
REPLY
2.
kaleab A
3.
Chuck Tharp
Good article, confirms that many of my concerns and difficulty , were normal.
Also your article helped formulate my solutions.
REPLY
4.
Tai Ben
These seem to be general problems but for SMEs what structure will their chart of
accounts be.