Accounting¶
Chart of accounts, monthly closes, financial statements, and accounting processes.
Overview¶
Core accounting documentation including the chart of accounts, monthly financial records, and accounting procedures.
Contents¶
Records¶
Monthly closes, P&L statements, balance sheets, and historical financial records.
Key Documents¶
Chart of Accounts¶
Document your account structure: - Asset accounts - Liability accounts - Equity accounts - Revenue accounts - Expense accounts - Account numbering scheme
Accounting Policies¶
- Revenue recognition
- Expense categorization
- Inventory valuation method
- Depreciation policies
- Accrual vs. cash basis
Month-End Close Process¶
- Close checklist
- Reconciliation procedures
- Review process
- Reporting schedule
Software & Tools¶
Document accounting software in use: - Accounting platform - Bookkeeper/accountant contact - Access and backup procedures
Related¶
- See
20_finance/taxes/for tax-related accounting - See
40_vendors/for accounts payable - See
60_operations/inventory/for inventory accounting