Chart of Accounts

In CargoBooks, the Chart of Accounts functionality facilitates the creation and management of diverse accounts essential for financial tracking. By grouping account types and names, navigation becomes more intuitive, streamlining subsequent financial and accounting procedures.

Navigation to Chart of Accounts

1. Just click Accountant -> Chart of Accounts in the side bar.

2. You'll be directed to the welcoming page of the Chart of Accounts.

3. You'll discover a comprehensive listing of Account Types and their respective Names.

Comprehensive Chart of Accounts

This meticulously organized table provides a structured overview of various account types and their corresponding names.

Account Type	Account Name
Other Current Liabilities	Long-Term Liability
Fixed Assets	Accumulated Depreciation
	Auto/Truck/Vehicles
	Computers & Electrical Equipment's
	Furniture & Fixtures
	Patents
	Real Estate
	Warehouse Equipment's
Equity	Capital Stock
	Opening Balance Equity
Current Liabilities	Accrued Exp:Federal & State taxes payable
	Accrued Expenses: Other Accrued exp
	American Express-Costco card
	California PIT-EE
	Current Portion of Long Term Liability
	FUTA-EE
	Federal Income Tax -EE
	Federal Unemployment-ER
	Line of Credit - BOFA
	Loans & Advances - Auto,Vehicles,equipments
	Loans & Advances - Poonam
	Loans & Advances-Surya
	Other Current Liablility
	Other Payable
	SDI-EE
	SUI-ER
	State Training-ER
	Suspense Account
	Taxes Payable
	Visa-CapitalOne-2039
	Visa-United-0051
	Visa-United-2310
	Visa-United-5199
	Wage Garnishment
Current Assets	Advance Deposit
	Allowance for Bad Debts
	Clearing Account (Others)
	Credit Card Receivable
	Officers Advance-Surya
	Prepaid Insurance
	Prepaid Taxes
	Prepaid expenses
Cash	Petty Cash
Bank	AR-AP Clearing Account
	CASS
	Cash in Bank
	Checking Account BOFA-5472
	Checking Account Deposit Only 3249
	IDFC
	Operating Account 7298
	RBC US
	Reserve for Bad & Doubtful Debts
	Saving Account BOFA
Accounts Receivable	Accounts Receivable
Accounts Payable	Accounts Payable
Other Expense	Exchange Gain or Loss
Income	Discount
	Income from Operations
	Income from Austrailia
	Revenue
	Service
Expense	Advertising & Marketing
	Allowance & Fringe Benefits
	Austin
	Dennis
	Auto/Truck
	Bank Charges
	Depreciation
	Discounts Received
	Donations & Contributions
	Dues, Subscriptions & Memberships
	Entertainment
	Insurance, Business
	Licenses/Permits/Registrations Fees
	Payroll
	Professional Fees
	Rent - Lease
	Repairs & Maintenance
	Supplies & Consumables
	Utilities
	Utility & Transportation
	salary
Cost of Goods Sold	Cost of Revenue

Create a New Account

To create a new account in the chart of accounts, follow the below steps

1. Click , it will direct you to Create Account window.

2. Enter the necessary details and click Save button.

Details for New Account Fields

Field	Description
Account Type	The category or classification of the account (e.g., Asset, Liability, Equity, Revenue, Expense)
Account Name	The name or title of the account
Description	A brief explanation or purpose of the account
Account Code	A unique identifier for the account

Edit Account

To edit an existing account in the chart of accounts, follow these steps

1. Navigate to the account you need to modify.

2. Click Edit button next to the account entry.

3. This will open the Edit Account window.

4. Make the necessary modifications and click the Save button.

Delete Account

To delete an existing account in the chart of accounts, follow these steps

1. Navigate to the account you need to delete.

2. Click button next to the account entry.

3. This action will trigger a warning dialog box asking for deletion confirmation.

4. Click the Yes button to delete the account entry.