Account No.
Account Type
Undeposited Funds
15000 Furniture and Equipment
16300 Tractors and Trailers
16500 Warehouse Equipment
17000 Accumulated Depreciation
24000 Payroll Liabilities
30000 Opening Balance Equity {3}
32000 Retained Earnings
47900 Sales
48900 Shipping and Delivery Income
Markup
Services
51200 Freight Costs
51800 Merchant Account Fees
60000 Advertising and Promotion
60100 Auto and Truck Expenses
60400 Bank Service Charges
61700 Computer and Internet Expenses
62400 Depreciation Expense
63300 Insurance Expense
63400 Interest Expense
64300 Meals and Entertainment
64900 Office Supplies
66000 Payroll Expenses
66600 Printing and Reproduction
66700 Professional Fees
67100 Rent Expense
67200 Repairs and Maintenance
68000 Taxes - Property
Detail type Description
Other Current Assets Undeposited Funds
Furniture and equipment with useful life
Fixed Assets Other fixed assets exceeding one year
Tractors, trailers, and other delivery
Fixed Assets Other fixed assets vehicles
Shelving (not permanently attached),
Fixed Assets Other fixed assets forklifts, and other warehouse equipment
Accumulated depreciation on equipment,
Fixed Assets Other fixed assets buildings and improvements
Unpaid payroll liabilities. Amounts
Other Current Liabilities Payroll Tax Payable withheld or accrued, but not yet paid
Opening balances during setup post to this
account. The balance of this account
Equity Opening Balance Equity should be zero after
Equity Retained Earnings Undistributed earnings of the business
Income Service/Fee Income Gross receipts from sales
Income Service/Fee Income Freight and delivery income
Income Service/Fee Income
Income Service/Fee Income
Costs of freight and delivery for
Cost of Goods Sold Supplies & Materials - COGS merchandise purchased
Credit card merchant account discount
Cost of Goods Sold Supplies & Materials - COGS fees, transaction fees, and related costs
Other Miscellaneous Service Advertising, marketing, graphic design, and
Expenses Cost other promotional expenses
Other Miscellaneous Service Fuel, oil, repairs, and other automobile
Expenses Cost maintenance for business autos and trucks
Other Miscellaneous Service Bank account service fees, bad check
Expenses Cost charges and other bank fees
Computer supplies, off-the-shelf software,
Other Miscellaneous Service online fees, and other computer or
Expenses Cost internet related expen
Other Miscellaneous Service Depreciation on equipment, buildings and
Expenses Cost improvements
Other Miscellaneous Service
Expenses Cost Insurance expenses
Other Miscellaneous Service Interest payments on business loans, credit
Expenses Cost card balances, or other business debt
Business meals and entertainment
Other Miscellaneous Service expenses, including travel-related meals
Expenses Cost (may have limited deductib
Other Miscellaneous Service
Expenses Cost Office supplies expense
Expenses Payroll Expenses Payroll expenses
Other Miscellaneous Service Printing, copies, and other reproduction
Expenses Cost expenses
Other Miscellaneous Service Payments to accounting professionals and
Expenses Cost attorneys for accounting or legal services
Other Miscellaneous Service Rent paid for company offices or other
Expenses Cost structures used in the business
Incidental repairs and maintenance of
Other Miscellaneous Service business assets that do not add to the
Expenses Cost value or appreciably pr
Other Miscellaneous Service Taxes paid on property owned by the
Expenses Cost business, franchise taxes, excise taxes, etc.
 Telephone and long distance charges,
Other Miscellaneous Service faxing, and other fees Not equipment
68100 Telephone Expense Expenses Cost purchases
Business-related travel expenses including
Other Miscellaneous Service airline tickets, taxi fares, hotel and other
68400 Travel Expense Expenses Cost travel expen
Other Miscellaneous Service Water, electricity, garbage, and other basic
68600 Utilities Expenses Cost utilities expenses

Transactions to be discussed with

80000 Ask My Accountant Other Expense Other Miscellaneous Expense accountant, consultant, or tax preparer