Chart of Accounts

Manage your financial accounts structure

Total Assets

TSh 12,450,000

↑ 8.2% from last month

Total Liabilities

TSh 3,250,000

↓ 2.1% from last month

Total Equity

TSh 9,200,000

↑ 12.5% from last month

Total Income

TSh 8,750,000

MTD

Total Expenses

TSh 5,320,000

MTD

	Account Name	Account Type	Detail Type	Balance	Status
1010	Cash and Cash Equivalents	Assets	Cash on Hand	TSh 2,500,000	● Active
1011	└ Petty Cash	Assets	Cash on Hand	TSh 350,000	● Active
1020	Cash in Bank	Assets	Bank	TSh 5,750,000	● Active
1100	Accounts Receivable (A/R)	Assets	Accounts Receivable	TSh 1,850,000	● Active
1200	Inventory Asset	Assets	Inventory	TSh 3,200,000	● Active
1500	Fixed Assets	Assets	Fixed Assets	TSh 4,500,000	● Active
1510	└ Furniture & Fixtures	Assets	Furniture & Fixtures	TSh 1,200,000	● Active
1520	└ Office Equipment	Assets	Office Equipment	TSh 2,800,000	● Active
1530	└ Accumulated Depreciation	Assets	Accumulated Depreciation	-TSh 450,000	● Active
2000	Accounts Payable (A/P)	Liabilities	Accounts Payable	-TSh 1,250,000	● Active
2100	Credit Cards	Liabilities	Credit Card	-TSh 850,000	● Active
2200	Sales Tax Payable	Liabilities	Sales Tax Payable	-TSh 325,000	● Active
2300	Payroll Liabilities	Liabilities	Payroll Liabilities	-TSh 425,000	● Active
2400	Loans Payable	Liabilities	Notes Payable	-TSh 2,500,000	● Active
3000	Opening Balance Equity	Equity	Opening Balance Equity	TSh 5,000,000	● Active
3100	Owner's Capital	Equity	Owner's Equity	TSh 8,500,000	● Active
3200	Retained Earnings	Equity	Retained Earnings	TSh 1,250,000	● Active
3300	Owner's Draw	Equity	Owner's Draw	-TSh 250,000	● Active
4000	Sales Revenue	Income	Sales	TSh 7,250,000	● Active
4010	└ Product Sales	Income	Sales	TSh 5,800,000	● Active
4020	└ Service Revenue	Income	Sales	TSh 1,450,000	● Active
4100	Sales Discounts	Income	Sales Discounts	-TSh 85,000	● Active
4200	Sales Returns & Allowances	Income	Sales Returns	-TSh 45,000	● Active
4300	Interest Income	Income	Interest Income	TSh 12,500	● Active
5000	Cost of Goods Sold	Expenses	Cost of Goods Sold	-TSh 3,200,000	● Active
6000	Advertising & Marketing	Expenses	Advertising	-TSh 125,000	● Active
6100	Rent Expense	Expenses	Rent	-TSh 450,000	● Active
6200	Utilities	Expenses	Utilities	-TSh 85,000	● Active
6210	└ Electricity	Expenses	Utilities	-TSh 45,000	● Active
6220	└ Water	Expenses	Utilities	-TSh 15,000	● Active
6230	└ Internet & Phone	Expenses	Utilities	-TSh 25,000	● Active
6300	Office Supplies	Expenses	Office Supplies	-TSh 35,000	● Active
6400	Salaries & Wages	Expenses	Salaries	-TSh 1,200,000	● Active
6500	Insurance	Expenses	Insurance	-TSh 85,000	● Active
6600	Depreciation Expense	Expenses	Depreciation	-TSh 45,000	● Active
9000	Uncategorized Income	Income	Uncategorized Income	TSh 0	● Active
9100	Uncategorized Expense	Expenses	Uncategorized Expense	-TSh 0	● Active
9200	Undeposited Funds	Assets	Undeposited Funds	TSh 0	● Active
9300	Reconciliation Discrepancy	Assets	Reconciliation Discrepancy	TSh 0	● Active

Showing 38 accounts • Last updated today at 10:30 AM

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Assets 1000-1999: What the business owns

Liabilities 2000-2999: What the business owes

Equity 3000-3999: Owner's interest

Income 4000-4999: Money earned

Expenses 5000-9999: Money spent