Topic: How to create Chart of account Like this please help?
1 Non Current Assets
1 01 Property Plant & Equipment
1 01 01 Office Building
1 01 02 Office Equipment
1 01 03 Office Vehicle - Owned
1 01 04 Office Vehicle - Leased
1 01 05 Accumulated Depreciation - Office Building
1 01 06 Accumulated Depreciation - Office Equipment
1 01 07 Accumulated Depreciation - Office Vehicle Owned
1 01 08 Accumulated Depreciation - Office Vehicle Leased
1 02 Development Work in Progress
1 02 01 Development Project Commercial
1 02 02 Development Project Residential
1 03 Investment Property
1 03 01 Investment Property-Commercial
1 03 02 Investment Property-Residential
1 04 Other Long term Assets
1 04 01 Investments in Stocks
1 04 02 Certificate of Investments
1 04 03 Investments in Mutual Funds
2 Current Assets
2 01 01 Development Properties- Commercial
2 01 02 Development Properties- Residential
2 02 Trade receivable
2 02 01 Projects- Commercial
2 02 02 001 Projects- Residential
2 03 Short Term Investments
2 03 01 Investments in Stocks
2 03 02 Certificate of Investments
2 03 03 Investments in Mutual Funds
2 03 04 Placements
2 04 ADVANCES DEPOSITE AND PREPAYMENTS
2 04 01 Staff Loan
2 04 02 Advances to suppliers
2 04 03 Advance tax
2 04 03 001 Advance Income tax U/S 147
2 04 03 002 WHT On Bank Profit
2 04 03 003 WHT on Telephone
2 04 03 004 WHT on Electricity
2 04 03 005 CGT on sale of Marketable securities
2 04 03 006 WHT on Dividend Income
2 04 03 007 WHTon Placement /Short Term Investment
2 04 04 Other Advances
2 04 05 Deposits
2 04 06 Prepayed Insurance
2 04 07 Prepayed Rents
2 04 08 Other Prepayments
2 05 Accrued Markup
2 05 01 Accrued profit Investments
2 05 01 001 Investments in Stocks
2 05 01 002 Certificate of Investments
2 05 01 003 Investments in Mutual Funds
2 05 01 004 Placements
2 05 02 Accrued Profit on Bank
2 05 02 001 Profit - MCB-Islamabad
2 05 02 002 Profit - MCB-Karachi
2 06 Other Receivables
2 06 01 Receivables from Saudi Pak
2 06 02 Receivables from Staff retirement gratuity Fund
2 06 03 Dividend Receivable
2 06 04 Rent Receivables
2 07 Taxation Recoverable
2 08 Cash & Bank balances
2 08 01 Cash in Hand
2 08 01 001 Petty Cash
2 08 02 Cash at Bank
2 08 02 001 MCB - 0095 Karachi
2 08 02 002 MCB - 1829 Islamabad
3 Equity
3 01 Share Capital
3 01 01 Issued, Subscribed & Paid-up Capital
3 02 Reserves
3 03 Other Comprehensive Income
3 03 01 Unrealised gain or loss on AFS
3 04 Share deposit Money
4 Non Current Liabilites
4 01 Deffered liability
4 01 01 Deffered tax liability
4 02 Long term Loan
5 Current Liabilities
5 01 Creditors
5 01 01 Creditors for services
5 01 02 Creditors for supplies
5 02 Accrued Liabilites
5 02 01 EOBI payable
5 02 02 Provision For Gratuity
5 02 03 Provision for Tax
5 02 04 Accured Expenses
5 02 05 Income Tax Payable
5 02 05 001 Withholding tax on Salary
5 02 05 001 Withholding tax on Services
5 02 05 001 Withholding tax on Goods
5 02 06 Provident Fund Payable
5 02 07 Advance Money Against Sale Of Land
5 02 08 Accured Interest
5 02 09 Short Term Borrowing
5 02 10 Provision for Leave Encashment
5 02 11 Retention Money Payable
5 03 Taxation Payable
6 Revenue
6 01 Revenue from sale of Investment property
6 01 01 Resedential Projects
6 01 02 Commercial Projects
6 02 Rental Income
6 03 Other Operating Income
6 03 01 Profit /Loss on Mutual Fund
6 03 02 Profit on placements
6 03 03 Profit on Certificate of Investment
6 03 04 Profit on bank deposits
6 03 04 001 Profit - MCB-Islamabad
6 03 04 002 Profit - MCB-Karachi
6 03 05 Unrealised gain/loss on Investment
6 03 06 Capital Gain on Listed Securities
7 Other Income
7 01 Gain/loss on diposals of Assets
7 01 01 Gain/loss on diposals of Vehicle
7 01 02 Gain/loss on diposals of building
7 01 03 Gain/loss on diposals of Equipment
7 02 Profit on debt
7 03 Management Fee Income
7 04 Revaluation Gain On Investment Property
7 05 Dividend Income
8 Expenses
8 01 Cost of Good Sold
8 01 01 Resedential Projects
8 01 02 Commercial Projects
8 02 Administrative Expenses
8 02 01 Insurance Expense
8 02 02 Printing & Stationery
8 02 03 Repair & Maintenance
8 02 04 Salaries Wages & Other Benifits
8 02 04 001 Salaries & Wages
8 02 04 002 Employee Contribution Provident Fund
8 02 04 003 EOBI expense
8 02 04 004 Medical Exp - OPD
8 02 04 005 Medical Exp - Hospitalization
8 02 04 006 Leave Encashment
8 02 05 Gratuity charge
8 02 06 Director Fee & Allowance
8 02 07 Brokerage / Commssion Expenses
8 02 08 Traveling expense
8 02 08 001 Traveling & Hoteling
8 02 08 002 Travelling & Conveyance
8 02 09 Utility Expense
8 02 10 Vehicle Running
8 02 11 Rent Rates & Taxes
8 02 12 Postage Courier and Internet
8 02 13 Depreciation - Owned Assets
8 02 13 001 Depreciation - Office building
8 02 13 002 Depreciation - Office Equipment
8 02 13 003 Depreciation - Office Vehicle
8 02 14 Depreciation - Leased Assets
8 02 15 Auditor Remuneration
8 02 16 Bank Charges
8 02 17 Advertising Publishing & Business Promot
8 02 18 Fess & Subscriptions
8 02 19 Meeting expenses
8 02 20 Legal and Professional Charges
8 02 21 Finance Charges on Lease
8 02 22 Books, Newspaper & Peridicals
8 02 23 Entertainment
8 02 24 Office Expenses
8 02 25 FED
8 02 26 CDC Charges
8 03 Other Expense
8 03 01 Worker Welfare Fund
9 01 Taxation
9 01 01 Current
9 01 02 Deffered
