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Habitation » Nautical chart of Accounts Complete listing with Descriptions (for QuickBooks)

Nautical chart of Accounts Complete list with Descriptions (for QuickBooks)

Hector Garcia
August 7, 2022

UPDATED 08/06/2021

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Third, I do have a free google sheets (downloadable to excel) spreadsheet with a complete list of accounts by industry and company type:
https://docs.google.com/spreadsheets/d/1IDzzpG0CnHkzPiqXUeSuOTehI2he8vaaNX2DTzEkNj4/edit?usp=sharing

And finally, here is a list of the almost common cost and expense accounts with descriptions…

`Toll of Appurtenances Sold Accounts:`

Blueprints and Reproduction: Blueprints, photostats, and other press expense
Bond Expense: Construction bonds expenses directly related to jobs
Construction Materials Costs: Construction materials costs
Contracted Services: Direct labor costs for contract (non-employees) performing services for clients
Equipment Rental for Jobs: Hire paid for rented equipment used on jobs
Freight and Shipping Costs: Freight-in and shipping costs for commitment to customers
Freight Costs: Costs of freight and commitment for trade purchased
Job Materials Purchased: Structure materials used on jobs
Linens and Lodging Supplies: Costs of linens and other supplies for guest rooms
Materials Costs: Price of materials used on jobs
Media Purchased for Clients: Impress, TV, radio, and other media purchased for clients
Merchant Account Fees: Credit card merchant business relationship disbelieve fees, transaction fees, and related costs
Other Construction Costs: Other costs straight related to jobs such as waste disposal, onsite storage rental, etc.
Other Job Related Costs: Other costs directly related to jobs such as waste disposal, onsite storage rental, etc.
Parts Purchases: Purchases of parts for use on customer repairs or resale
Purchases – Hardware for Resale: Purchases of hardware items for resale that are non tracked or counted in inventory
Purchases – Resale Items: Purchases of items for resale that are not tracked or counted in inventory
Purchases – Software for Resale: Purchases of software items for resale that are non tracked or counted in inventory
Subcontracted Services: Subcontracted services for client service orders
Subcontractors Expense: Subcontracted services performed by other contractors
Tools and Minor Equipment: Purchases of tools or small equipment used on jobs
Worker'due south Compensation Insurance: Worker'due south bounty insurance premiums

`Expense Accounts:`

Advertising and Promotion: Advertising, marketing, graphic design, and other promotional expenses
Motorcar and Truck Expenses: Fuel, oil, repairs, and other maintenance for business autos and trucks
Automobile Expense: Fuel, oil, repairs, and other automobile maintenance for business autos
Bank Service Charges: Bank account service fees, bad cheque charges and other bank fees
Business Licenses and Permits: Business organisation licenses, permits, and other business organisation-related fees
Motorcar and Truck Expenses: Fuel, oil, repairs, and other motorcar and truck maintenance
Chemicals Purchased: Costs of chemicals used in farming operations
Calculator and Cyberspace Expenses: Computer supplies, off-the-shelf software, online fees, and other computer or internet related expenses
Continuing Education: Seminars, educational expenses and employee development, not including travel
Depreciation Expense: Depreciation on equipment, buildings and improvements
Ante and Subscriptions: Subscriptions and membership dues for civic, service, professional, trade organizations
Equipment Rental: Rent paid for rented equipment used for business
Fertilizers and Lime: Fertilizers and lime purchased for farm operations.
Freight and Trucking: Amounts paid for freight or trucking of farm products.
Gasoline, Fuel and Oil: Gasoline, fuel or oil used for agricultural machinery
Insurance Expense: Insurance expenses
Insurance Expense: Full general Liability Insurance: General liability insurance premiums
Insurance Expense: Life and Inability Insurance: Employee life and disability insurance premiums
Insurance Expense: Professional Liability: Professional liability (errors and omissions) insurance
Insurance Expense: Workers Compensation: Worker's compensation insurance premiums
Interest Expense: Interest payments on concern loans, credit menu balances, or other business debt
Janitorial Expense: Janitorial expenses and cleaning supplies
Landscaping and Groundskeeping: Landscape maintenance, gardening, and pool maintenance costs
Marketing Expense: Ad, marketing, graphic pattern, and other promotional expenses for our visitor
Meals and Entertainment: Business meals and amusement expenses, including travel-related meals (may accept express deductibility)
Office Supplies: Office supplies expense
Payroll Expenses: Payroll expenses
Postage and Delivery: Postage, courier, and pickup and commitment services
Printing and Reproduction: Press, copies, and other reproduction expenses
Professional Fees: Payments to attorneys and other professionals for services rendered
Hire Expense: Rent paid for company offices or other structures used in the business
Repairs and Maintenance: Incidental repairs and maintenance of business assets that do not add to the value or appreciably prolong its life
Research Services: Research costs including legal library and subscriptions for inquiry services
Salon Supplies, Linens, Laundry: Costs of supplies used in the form of business (includes linens and laundry services)
Seeds and Plants Purchased: Seeds and plants purchased for producing farm income.
Store Expense: Miscellaneous shop supplies and related store expenses (rags, hand cleaning supplies, etc.)
Small Tools and Equipment: Purchases of small tools or equipment not classified as fixed avails
Storage and Warehousing: Amounts paid to store farm bolt.
Taxes – Belongings: Taxes paid on property owned past the business organisation, franchise taxes, excise taxes, etc.
Phone Expense: Telephone and long distance charges, faxing, and other fees Not equipment purchases
Travel Expense: Business concern-related travel expenses including airline tickets, taxi fares, hotel and other travel expenses
Uniforms: Uniforms for employees and contractors
Utilities: Water, electricity, garbage, and other bones utilities expenses

Hector Garcia

Hector Garcia
8:34 am
17 Comments

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17 Responses

When do you use sub accounts?
1. when yous need more detail
I congratulate Hector Garcia is a neat professional as Accountant, his tutorials have been very helpful for me.

Thank you so much for sharing their teachings!!

Neira
1. yous welcome.
any one tin can share packers and movers charts of accounts
Where would union dues paid by the employer get?
1. Ante and Subscriptions probably
how do we classify purchase of Trash Bin?
1. office supplies probably
2. What account would you recommend for the down payment on a new swimming puddle?
1.under what expense does purchase of Technical Data fall? Example: buying Vehice Tech Info from Land Send Authority
or purchase of Company Profile from ACRA/Questnet

THANK Yous for your answer
1. continued educational activity?
Thank you! Hector Garcia for your information as a student I'm very grateful that this works of yours does actually help me.
What account would yous recommend for paying consultants (for such things as strategic planning and sales grooming)? We do non have an account for Professional Development, just idea that would make sense.
1. that seems fine
What form of Business relationship would sale of plant and machinery exist?
1. Stock-still Nugget

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