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Three digit chart of accounts

Accounting Tools

Account Number Description 010 Cash 020 Petty cash 030 Accounts receivable 040 Reserve for bad debts 050 Marketable securities 060 Raw materials inventory 070 Work-in-process inventory 080 Finished goods inventory 090 Reserve for obsolete inventory 100 Fixed assets – Computer equipment 110 Fixed assets – Computer software 120 Fixed assets (..)

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Seven digit chart of accounts

Accounting Tools

The following sample chart of accounts uses divisions located in Boston and Omaha to demonstrate how a seven-digit chart of accounts could be structured. Account No.

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Payables clerk job description

Accounting Tools

Must be detail oriented and comfortable using computer-based accounting systems.

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Five digit chart of accounts

Accounting Tools

Account Number Department Description 00-010 xxx Cash 00-020 xxx Petty cash 00-030 xxx Accounts receivable 00-040 xxx Reserve for bad debts 00-050 xxx Marketable securities 00-060 xxx Raw materials inventory 00-070 xxx Work-in-process inventory 00-080 xxx Finished goods inventory 00-090 xxx Reserve for obsolete inventory 00-100 xxx Fixed assets – (..)

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Chart of Accounts – How to Get Organized & Efficient

AvidXchange

Tedious as it may seem, every business transaction needs to be recorded in the right account. The problem, however, is that unless you have automated accounts payable software, finding the correct account isn’t always such a simple task. Fortunately, a chart of account can help you with that.

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The Ultimate Expense Management Guide for Businesses

Nanonets

In the last decade, the advent of AI and cloud computing has revolutionized this field. Nanonets AI helps ACM Services automate extraction from expens e documents, saving 90% time for the Accounts Payable team. In2 Project Management helps Water Supply Corporation save 700,000 AUD with Nanonets AI.