A chart of accounts is a list of accounts for recording and categorizing transactions in a company’s general ledger. It sorts transactions into groups so that you can run reports on them.

A chart of accounts organizes and categorizes financial transactions. This guide explains how a chart of accounts works and provides examples.

A chart of accounts (COA) is a document that organizes a company’s financial transactions by category and line item to make accessing financial information easier.

A general ledger provides a complete record of financial transactions for a business. Learn how it works, why it is important, and its examples in this guide.