Restaurant Chart Of Accounts
Restaurant Chart Of Accounts . It includes all the accounts we believe the average restaurant will need, and combines some common accounts that are rarely used by smaller businesses. We've followed best accounting practices for numbering the categories below. morestaurants.org wp-content uploads 2016 06 Chart-of-Accounts-for ... (Rebecca Boone) A chart of accounts (COA) is the financial accounts in the general ledger of a company. Your COA is a complete list of all business accounts in your general ledger, organized by assets, liabilities, income, and expenses. Are you trying to find the perfect chart of accounts for your restaurant? A restaurant's Chart of Accounts focuses on its revenue and the cost of goods sold to derive the gross profit. This is where a chart of accounts comes into play — an organized system that will help you better understand how your restaurant makes money and where that money is spent.