ChartOfAccounts schema

ChartOfAccounts type: ChartOfAccounts

Chart of Accounts represents the accounting structure of a business. Each account represents a financial aspect of a business, such as its Accounts Payable, or the value of its inventory, or its office supply expenses. Typically, each account consists of a character string representing various elements such as major account code and department code.

ChartOfAccounts extends: Noun

This one needs work.

Structure:
Elements:
Name Type Description
AccountType Type

Is an account classification that specifies the use of this account.

Currency Currency

Is a three-character field, which indicates the currency of the monetary amount. Valid currency codes are listed in ISO standard.

Description Description

Is a free-form description of the transaction or any portion of the transaction.

Free-form text description of the Noun or Componenet in which the description occurs. The lang attribute indicates the language the description is in. Owner inidcates the user or entity that provided teh description..

EffectivePeriod TimePeriod

defines the date and time when a particular document or item takes effect or becomes valid.

GLElement reference
GLEntity GLEntity

Is the primary balancing segment of the GL Account structure. Typically, this is the owning entity for the transaction. A G/L entity is the smallest organizational unit for which individual financial statements must be drawn up according to relevant commercial law. P&L statements are required at this level.

The primary balancing segment of the G/L Account structure. P and L statements are required at this level. A G/L entity is the smallest organizational unit for which individual financial statements must be drawn up according to relevant commercial law.

Synonyms: Business Unit, Fund, General Ledger Company, Joint Venture, Non-Profit Association Name

GLNominalAccount GLAccount

Is the GL Nominal Account for the sales order.

GL Account is an entry in the GL chart of accounts. It is the "what", not the "who" or "where".

Examples Include: Assets, Office Supplies, Revenues, Salaries, Travel

SYNONYMS: Account Number, GL Natural Account, Object Account

UserArea reference

Noun Common Files