Chinese version of Chart of Accounts are incorrect

No,not really. But please help us with this new COA by entering the accounts and delete the old ones, or maybe somebody can help us here.

Joe

Yes, please enter all the default accounts from the new COA and replace them in the System and GL setup. Then you can delete the old ones.

Joe

Sorry Joe, I only have limited knowledge on bookkeeping as a novice. In fact, I am expecting someone in your group who is much experienced to help.

Hi dear, please share your chart of account , i will send you sql file

@atpaust

Ihave answered your email directly.

/Joe

For those interested in providing the Chinese CoA, the English translation would be:
2013 New Chart of Accounts

No. Name of the sequence number of accounts Accounts Scope

An asset class
11,001 Cash
21,002 Bank deposits
31,003 Bank balances with central banks dedicated
41,011 Due from banks bank-specific
51015 Other Monetary Fund
61021 Private Securities settlement provisions
71,031 Refundable deposits Financial Shared
81,051 Placements with financial shared
91101 -trading financial assets
101,111 resale of financial assets Financial Shared
111,121 Notes receivable
121,122 Receivables
131,123 Prepayments
141,131 Dividends receivable
151,132 Interest receivable
161,211 savings accounts to protect the insurance -specific
171,221 Accounts Insurance Subrogation section dedicated
181,222 Accounts receivable from reinsurers dedicated Insurance
191,223 receivable reinsurance unearned amount that an insurance -specific
201,224 Reinsurers Insurance Private insurance reserves
211,231 Other receivables
221 241 Provision for bad debts
231,251 discounted bank-specific assets
241,301 share lending banks and insurance
251 302 Loan loss provisions banking and insurance shares
261,311 Securities banking and insurance cashing shared
271321 agency business assets
281401 material procurement
291,402 materials in transit
301,403 Raw materials
311,404 Material cost difference
321,406 stock merchandise
331,407 delivered goods
341,410 net price of goods
351411 consigned processing materials
361412 packaging materials and consumables
371,421 expendable barter agricultural assets dedicated
381,431 private contractors working materials, construction
391441 precious bank-specific
401,442 Repossessed assets Financial Shared
411,451 loss goods insured dedicated
421 461 Provision for inventories
431,501 Prepaid expenses
441,511 dedicated separate account assets Insurance
451,521 Held-to -maturity investments
461 522 Impairment of held-to -maturity investments
471 523 Available for sale financial assets
481 524 Long-term equity investments
491 525 Long-term equity investment impairment
501 526 Investment property
511 531 Long-term receivables
521,541 Unearned finance income
531,551 Statutory deposits insured dedicated
541,601 Fixed assets
551,602 Accumulated depreciation
561 603 Impairment of fixed assets
571,604 Construction in progress
581605 Construction materials
591 606 Disposal of fixed assets
601,611 Finance leases Assets leased dedicated
611,612 unguaranteed residual value leasing dedicated
621,621 agricultural productive biological assets dedicated
631,622 Accumulated depreciation of productive agricultural biological assets dedicated
641623 Agricultural dedicated public welfare biological assets
651,631 private oil and gas oil and gas assets
661,632 private oil and gas accumulated depletion
671,701 Intangible Assets
681,702 Accumulated amortization
Impairment of intangible assets 691 703
701,711 Goodwill
711 801 Long-term deferred expenses
721 811 Deferred income assets
731,901 pending loss of property

Second, the debt category
742,001 Short-term borrowings
752,002 Deposits Financial Shared
762,003 Funds borrowed financial shared
772,004 bank dedicated to the Central Bank
782,011 private banks to banks
Bank deposits 792,012 dedicated
802,021 special discounted liabilities Bank
812101 -trading financial liabilities
822 111 Financial assets specifically the financial share buyback
832,201 Notes payable
842,202 Accounts payable
852,205 Receipts in advance
862,211 Accrued payroll
872 221 Taxes payable
882,231 Dividends payable
892,232 Interest payable
902,241 Other payables
912 251 Insurance policyholder dividends payable dedicated
922,261 Accounts payable to reinsurers Insurance dedicated
932,311 private securities brokerage deposits
942,312 securities underwriting agency securities and banking shares
952313 models cashing securities securities and banking shares
962314 agency business liabilities
972,401 Accrued expenses
982,411 Accrued liabilities
992 501 Deferred revenue
1,002,601 Long-term loans
1,012,602 long-term bonds
1,022,701 Unearned payments insurance special
1,032,702 Insurance Private insurance reserves
1042711 Private Insurance policyholders' deposits
Separate account liabilities 1,052,721 Private Insurance
1,062,801 Long-term payables
1072802 unrecognized financing charges
1082811 Special payables
1,092,901 Deferred income tax liabilities

Three common classes
1103001 cleared funds dedicated bankers
1,113,002 Foreign exchange trading in financial shares
1,123,101 Derivatives
1133201 hedging instruments
1143202 hedged item

Fourth, the owners' equity
1,154,001 Paid-in capital
1,164,002 Capital surplus
1,174,101 Surplus reserve
1,184,102 General reserve financial shared
1,194,103 Profit for the year
1,204,104 Profit Distribution
1,214,201 treasury shares

Five , the cost category
1225001 production costs
1,235,101 Manufacturing expenses
1,245,201 labor costs
1,255,301 R & D expenditures
1265401 construction construction contractor dedicated
1,275,402 project settlement construction contractor dedicated
1,285,403 mechanical operations the contractor dedicated

Six , profit or loss category
Income from principal operations 1,296,001
1,306,011 Interest income financial shared
1,316,021 Fee income financial shared
1,326,031 Insurance premiums special
1,336,032 reinsurance premium income of the insurance -specific
1,356,041 Rental income Rental Special
1,356,051 Other operating income
1,366,061 Exchange gains and financial Dedicated
1,376,101 Changes in fair value
1,386,111 Investment income
1,396,201 Reinsurers' share of insurance reserves Private Insurance
1,406,202 Reinsurers' share of claims paid private insurers
1,416,203 Reinsurers' share of special expenses insurance
1,426,301 Non-operating income
1,436,401 Cost of sales
1,446,402 Other operating expenses
1,456,405 Business tax and surcharges
1,466,411 Interest expense finance Shared
1,476,421 Financial Shared Service charges
1,486,501 extract unearned payments insurance special
1496502 summarized Insurance Private insurance reserves
1,506,511 Insurance claims paid special
1516521 Private Insurance Policyholder dividends
1,526,531 Surrenders Insurance dedicated
1,536,541 Insurance premiums ceded dedicated
1546542 reinsurance expenses
1,556,601 Selling expenses
1,566,602 Administrative expenses
1,576,603 Finance costs
1,586,604 Exploration expenses
1,596,701 Asset impairment losses
1,606,711 Non-operating expenses
1,616,801 Income tax
1,626,901 prior period adjustments

Above is from Google Translate and the numbers are to considered as:

1,626,901 => 162    901

To avoid confusion, the above Chinese COA actually is from 1001 to 6901, the number 1 -162 is use for identification purpose, it can be ignored.

Dear salman

Thank you for you tips. I will try to get a right answer as soon as possible.

Kind Regards

Daniel

Hi Salman

Sorry for being so late in reply. But I found there is the link, http://course.shufe.edu.cn/jpkc/jckj/flfg/kmb.htm for the chart of accounts for manufactures in Chinese for China.

Let me know if you would need any other information.

Kind Regards

Daniel