Can I import this into my accounting software?

Yes. Download the CSV with code, name, and type columns, then map those columns to your accounting system on import. Most systems accept a CSV chart of accounts.

How are the account codes numbered?

By class. Assets start with 1, liabilities with 2, equity with 3, revenue with 4, and expenses with 5 and 6. Cost of sales sits in the 5000s and operating expenses in the 6000s.

Is this compliant with IFRS or US GAAP?

The five-class structure follows both frameworks, but a chart of accounts itself is not prescribed by either. Treat this as a starting template and adapt it to your reporting and jurisdiction.

What does accrual basis mean here?

Accrual basis records revenue when it is earned and expenses when they are incurred, regardless of when cash changes hands. The generated chart includes accounts like accounts receivable and deferred revenue that accrual accounting relies on.

All tools

Free tool

Chart of accounts generator

Pick an industry and get a starting chart of accounts across the five standard classes, with a few industry-specific accounts added. Download it as CSV to import into your accounting system.

Your business

Industry

Basis of accounting

Accrual

Accrual basis records revenue and expenses when earned or incurred, not when cash moves.

Your chart of accounts

35 accounts

Assets

Code	Account	Type
1000	Cash and cash equivalents	Assets
1010	Bank current account	Assets
1100	Accounts receivable	Assets
1150	Allowance for doubtful accounts	Assets
1200	Prepaid expenses	Assets
1300	Other current assets	Assets
1500	Property, plant and equipment	Assets
1550	Accumulated depreciation	Assets
1600	Intangible assets	Assets

Liabilities

Code	Account	Type
2000	Accounts payable	Liabilities
2100	Accrued liabilities	Liabilities
2200	Taxes payable	Liabilities
2250	VAT / GST payable	Liabilities
2300	Wages and salaries payable	Liabilities
2400	Deferred revenue	Liabilities
2600	Short-term loans	Liabilities
2700	Long-term debt	Liabilities

Equity

Code	Account	Type
3000	Share capital	Equity
3100	Additional paid-in capital	Equity
3300	Retained earnings	Equity
3400	Current year earnings	Equity

Revenue

Code	Account	Type
4000	Sales revenue	Revenue
4100	Service revenue	Revenue
4800	Other income	Revenue
4900	Sales returns and allowances	Revenue

Expenses

Code	Account	Type
5000	Cost of goods sold	Expenses
6000	Salaries and wages	Expenses
6100	Rent expense	Expenses
6200	Utilities	Expenses
6300	Office and administrative	Expenses
6400	Marketing and advertising	Expenses
6500	Professional fees	Expenses
6600	Depreciation and amortisation	Expenses
6700	Bank charges and interest	Expenses
6900	Other operating expenses	Expenses

How it works

A structure to start from

Every chart of accounts organises accounts into five classes. This generator gives you a sensible base plus a handful of accounts common to your industry, using a standard numbering convention.

Five standard classes

Assets, Liabilities, Equity, Revenue, and Expenses. The leading digit of each code marks its class, so 1xxx is an asset and 4xxx is revenue. This mirrors the framework shared by IFRS and US GAAP.

Industry accounts added

A SaaS chart adds deferred subscription revenue and hosting costs. Retail adds merchandise inventory. Manufacturing adds work in progress and direct materials. Services adds unbilled receivables.

A template, not a rule

Adapt the codes and names to your own reporting. Add sub-accounts, split cost centres, or renumber to match an existing system. This is a starting point to edit, not a prescribed chart.

Sources

The five account classes derive from the general financial-reporting frameworks below. They are the authority on how accounts are classified and presented.

This is a starting template to adapt, not a prescribed chart of accounts. Your final chart depends on your reporting needs, tax rules, and accounting policies. Review it with your accountant before you rely on it.

Set up your books on one system

Rivane starts you with a chart of accounts, then keeps invoices, expenses, and reports on the same ledger.

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