Chart of Accounts

The Chart of Accounts (CoA) is a structured list of all financial account codes used by a company to categorize transactions, including assets, liabilities, income, and expenses, serving as the foundation for accurate financial reporting. In expense management, each expense is mapped to a specific CoA account, ensuring precise tracking and integration with accounting systems like QuickBooks or NetSuite. The CoA can be imported or synced, supporting multi-entity setups with hierarchical accounts for detailed reporting. Access is role-based, limiting visibility to relevant users, while unmapped expenses are flagged to maintain clean financial records. This system enhances budgeting, forecasting, and compliance by aligning expenses with the company’s financial structure.