Chart Of Account (COA) List 会计科目表

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This topic require you to have fairly good accounting knowledge. You may want to seek your accountant for assistance.                                                        See Chart of accounts - Seamless (Data id)

You may be a novice in accounting ...Read more...

and all the technical jargon may be a daunting task for you.

However, we have you in mind , that is why we have a standard accounts code (or Chart of accounts, aka COA) pre-set, for you that it should take care of the 90% of the work.
You just need to carry out your postings that you are sure of. Those in doubts , post it to the contra account, your accountant should have no problem reversing it out to the correct accounts at a later time.
 
A company’s chart of accounts lists the individual accounts (bins) to store the dollar values incurred or collected, showing the company’s financial health,
summarised in the trial balance that, in turn, translate into Profit and Loss statement and Balance Sheet.

The chart of accounts is  a subset of classification of account for assets and liabilities, equity,income, cost of sales, expense accounts that reflects day-to-day activities of a business, and subsidiary ledgers such as accounts receivable,accounts payable, reflecting the customers' and suppliers' activities.

 

 

At [Setup] , click [Chart of Accounts]

         

 

 

There are 138 preset chart of accounts ready to be used. You have 2 options,

 

1.Learn  how to retain your current chart of accounts code and name...Click here

 
I wish to retain my current accounts code and name when using Realtimme Cloud. Example

Realtimme Cloud code and name                                 My current accounts code and Name

 D-T001-1 Trade Debtor Control

 102001 Accounts Receivable

 D-B001-1 Bank 01 (SGD)

 103001 Bank - DBS

 I-U001- 1 Unappropriated Profit & Loss

 401001 Retained Earnings

You can retain your current COA , learn how to map your COA click on this link

 

2. You are a new setup and you want to adopt Realtimme pre-set chart of accounts. Refer to Point 1 to 6 to learn how modify the default chart of accounts.

 

: Learn how to modify preset chart of accounts

 

1.To create a new chart of accounts  click [Copy]...Read more

 

2.To modify chart of accounts [Edit]...Read more...

You can choose to retain the chart of accounts as provided by the system or modify the chart of accounts to your preference,by changing the accounts code, name,classification , or those fields that are enabled, however, you cannot change the currency code,department code,characteristics,or those field that are disabled(greyed off)

 

 

Exercise:  Assuming your company’s bank is DBS (SGD)

                           

                                                                                     

                                                                                     

 

1)Bank fast code will automatically be changed.

 

2)Monthly audit trials printed earlier that are affected by this change will have to be re-printed....Read more

(For current year only)

3.To hide an accounts [ not required or no more in use]...Read more...

Accounts once created, cannot be deleted. You can only click [Edit] and set to [Hide]  
 
If you do not need [ A-F002-1] Motor Vehicle account , highlight on the account and click [Delete]
You will not be able to delete the chart of accounts. Click [Edit] to set it to Hide instead.

 

 If you do not need [ A-F002-1] Motor Vehicle account ,
[1] highlight on the account and click [Delete]
[2] You will not be able to delete the chart of accounts.                                                                                

[3[ Click [Edit] to set it to [Hide] instead.

 

               

 

4.To change accounts from Current Liabilities to Current Assets and vice versa...Read more...

Below is an extract of the Balance Sheet, showing [Other Creditors] accounts in the Current Liabilities as negative balance of $300.00.
For presentation purposes, you can change this account to a current asset by changing the classification to Current Asset.

 

 

CURRENT LIABILITIES:

 

ACCRUALS

2,385.78

OTHER CREDITORS

(  300.00)

OWING TO DIRECTORS - A

50,000.00

OWING TO DIRECTORS - B

50,000.00

TOTAL CURRENT LIABILITIES

102,085.78

 

Go to Chart of Accounts, highlight [Other Creditors] account and click [ Edit ]
 
           
 
 

   

              At Classification, change F00(Current Liabilities)  to D00(Current  Asset)

           

After changing, the accounts will be moved to Current Asset as shown below

 

CURRENT ASSETS :

 

BANK - OCBC (SGD)

1,200.00

BANK - OCBC (USD)

17,300.00

DEPOSIT - RENTAL

10,000.00

PETTY CASH

200.00

OTHER CREDITORS

300.00

TRADE DEBTORS CONTROL

77,885.58

TOTAL CURRENT ASSETS

106,885.58

5.Search an accounts [F7 key] or sort accounts by... Read more...

You can sort the Chart of accounts in order of account code, name or Classification

At the bottom left of the computer screen, Click the drop down arrow, to display the sort option.

 

Type in the search field name at Search

 

 

 

 
 

          See [Copy] Supplier master, Customer Master , GL Journal

 

 

 

FAQ: Multiple trade controls account to manage customers and suppliers ledger and aging.

 

 

Next, go to Topic 5: Reference number setting. You will learn how to preset your document number, to continue with your existing numbering system or use our standard reference number
Back to Getting Started

 


 

  Related Topics

Migrate your current COA to Realtimme Cloud

 

Main and Individual

 

Linked to Fixed Asset

 

Department code

 

Getting started

 

Fast Code - Bank

 

Accounts Classification

 

A/c Linked To..  Main or Individual accounts

 

Name 2 or 3 for multiple language printing

 

Linked to Fixed Asset

 

General Ledgers Accounts

 

Inactive A/c

 

Print Account Activities (Monthly summary)

 

 

Watch all videos:

Realtimme Training Portal

 

http://realtimme.cloudapp.net/basic/Chart_Of_Account.htm