---
title: "Chart of Accounts"
space: "ERPNext"
url: "https://www.prilk.com/docs/erpnext/chart-of-accounts"
updated: "2026-05-15"
---

## Chart of Accounts

Your Chart of Accounts is the structure of your bookkeeping — the categories where every transaction lands. ERPNext seeds it from a Dutch template at install; you customise from there.

### What you see

**Chart of Accounts** shows a tree:

```
Application of Funds (Assets)
   Current Assets
       Cash
       Bank
       Debiteuren (Accounts Receivable)
       BTW te Vorderen
       ...
   Fixed Assets
       ...
Sources of Funds (Liabilities + Equity)
   Current Liabilities
       Crediteuren (Accounts Payable)
       BTW te Betalen
       ...
   Equity
       Owner's Equity
       Retained Earnings
Income
   Sales
   Other Income
Expenses
   Operating Expenses
   ...
```

The Dutch template comes with BTW categories pre-configured (te Vorderen, te Betalen, hoge / lage / 0% tarief). For most companies, the seeded structure is fine as-is.

### Adding an account

For a new bank account, expense category, or income type:

1. **Chart of Accounts → New**
2. **Parent Account** — which branch this lives under
3. **Account Name** — what it's called
4. **Account Type** — Bank / Receivable / Payable / Tax / Expense / Income / etc.
5. **Is Group** — Yes if this account will hold child accounts; No if it's an end-leaf where transactions post

### Important account types

| Type | What |
|---|---|
| **Bank** | Each bank account you hold |
| **Cash** | Petty cash |
| **Receivable** | Debiteuren — money customers owe you |
| **Payable** | Crediteuren — money you owe suppliers |
| **Tax** | BTW accounts (te vorderen / te betalen / suspended) |
| **Stock** | Inventory value accounts |
| **Cost of Goods Sold** | What it cost you to make the sales you've recorded |

### Read-only vs postable

**Group accounts** (like "Current Assets", "Sales") are read-only summaries — you can't post directly to them. **Ledger accounts** (the leaves of the tree) are where every transaction actually lands.

### Renaming and reorganising

You can rename accounts and move them between parents. Already-posted transactions follow. But: don't change an account's **Type** after transactions are posted — it confuses reports.

### Multiple Companies

Each Company has its own Chart of Accounts. They can share the same template but evolve separately as each Company's books require.