Chart of Accounts for Client Books
Illustrative small company sample

These are example codes, not a compulsory chart or a vendor import format.
All opening debits and credits are zero. Review account types and GST treatment before use.

1000  Business bank
      Current asset. Link the actual bank account.
1100  Trade receivables
      Current asset. Use the receivables control account.
1150  GST receivable
      Current asset. Match the software’s GST controls.
1200  Inventory
      Current asset. Retain only where stock is held.
1300  Prepayments
      Current asset. Support with a release schedule.
1500  Equipment at cost
      Non-current asset. Reconcile to the asset register.
1590  Accumulated depreciation
      Contra asset. Credit balance reduces equipment.
2000  Business credit card
      Current liability. Reconcile to the card statement.
2100  Trade payables
      Current liability. Use the payables control account.
2200  GST payable
      Current liability. Match the software’s GST controls.
2300  PAYG withholding payable
      Current liability. Reconcile to payroll and BAS.
2400  Superannuation payable
      Current liability. Reconcile unpaid contributions.
2500  Loan - current portion
      Current liability. Separate principal due within 12 months.
2600  Loan - non-current portion
      Non-current liability. Reconcile remaining principal.
3000  Share capital
      Equity. Match issued capital records.
3100  Retained earnings
      Equity. Protect the year-end rollover account.
4000  Sales
      Income. Review each sale’s GST treatment.
4100  Service income
      Income. Retain where separately reported.
5000  Cost of goods sold
      Direct expense. Match stock accounting policy.
5100  Direct subcontractor costs
      Direct expense. Review supplier and transaction GST.
6000  Wages
      Operating expense. No GST credit on wages.
6100  Employer superannuation
      Operating expense. Keep separate from amounts payable.
6200  Rent
      Operating expense. Review the lease and GST evidence.
6300  Office expenses
      Operating expense. Review mixed purchases line by line.
6400  Insurance
      Operating expense. Review GST and other invoice charges.
6500  Interest expense
      Operating expense. Separate interest from principal.
6600  Depreciation expense
      Operating expense. Post from the asset schedule.