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The various types of accounts that are in an accounting system can seem overwhelming at first, but developing a chart of accounts will make accounting for the company easier.
If you set up your chart of accounts correctly, you can save yourself a lot of time later. While adding and removing accounts is a relatively easy process if you use accounting software, it can be ...
This table shows the data used to create these charts. You can use the table and follow the steps to practice creating charts. (Click for larger image).
The chart of accounts is the numbering system used by the University's Enterprise Resource Planning (ERP) system, Banner, to record financial transactions. The chart of accounts consists of six ...