Income View view income Expense View expense expense Asset View asset asset Liability View liability liability View view Asset asset asset Liability liability liability Expense expense expense Income income income Closed closed Indian Chart of Account 0 view Balance Sheet IA_AC0 view Assets IA_AC01 view Current Assets IA_AC011 view Bank Account IA_AC0111 liquidity Cash In Hand Account IA_AC0112 view Cash Account IA_AC01121 view Deposit Account IA_AC0113 receivable Loan & Advance(Assets) Account IA_AC0114 receivable Total Sundry Debtors Account IA_AC0116 view Sundry Debtors Account IA_AC01161 receivable Fixed Assets IA_AC012 receivable Investment IA_AC013 receivable Misc. Expenses(Asset) IA_AC014 other Liabilities IA_AC02 view Current Liabilities IA_AC021 view Duties & Taxes IA_AC0211 payable Provision IA_AC0212 payable Total Sundry Creditors IA_AC0213 view Sundry Creditors IA_AC02131 payable Branch/Division IA_AC022 payable Share Holder/Owner Fund IA_AC023 view Capital Account IA_AC0231 other Reserve and Profit/Loss Account IA_AC0232 other Loan(Liability) Account IA_AC024 view Bank OD Account IA_AC0241 payable Secured Loan Account IA_AC0242 payable Unsecured Loan Account IA_AC0243 payable Suspense Account IA_AC025 payable Profit And Loss Account IA_AC1 view Expense IA_AC11 view Direct Expenses IA_AC111 other Indirect Expenses IA_AC112 other Purchase IA_AC113 other Opening Stock IA_AC114 other Salary Expenses IA_AC115 other Income IA_AC12 view Direct Incomes IA_AC121 other Indirect Incomes IA_AC122 other Sales Account IA_AC123 other Goods Given Account IA_AC124 other Tax Tax Balance to Pay Tax Due (Tax to pay) Tax Payable Tax Bases Base of Taxed Sales Base of Taxed Purchases OPJ Opening Journal situation India - Chart of Accounts