List of account heads

Dear Sweta

The details provided by u correct but its very from entity to entitiy according to voulmeness of data transaction there are many other head for which account eeping are reqired and maitained by the clients.

List of Accounts will vary from business to business, depend upon the nature of the business we has to take the heads...

Originally posted by : Swetha
	Hi, I have made a list of account heads for book keeping purpose. Have gathered it from various places. But I am not sure whether it is accurate or if anything is missing. Kindly let me know if anything is missing or is incorrect.  The list is as follows:   Business Promotions Misc. expenses Professional & Legal Charges Bank Charges Communication expenses Conveyance Utility Expenses Salary & Wages Furniture & Fittings News & Periodicals Office equipments Postage & Telegrams General office expenses Printing & Stationary Repairs & Maintenance Travel & Transportation expenses Rent, Taxes & Insurance Employees Welfare Expenses   Thanks in advance!

Good Effort Swetha...keep doing.

Required of every business is diffrent and there are many more head.

Thanks
 

Thank you for the responses! I was preparing the account heads for small Business service based industry.. 

purchase and sales account also come na?

Dear

It 's depend on business nature.

Bt y r right which u wrote.

hi friend

Mr. saroj kumar and all others friends are saying right think, because it is depend on entity or business concerns.

Regards

Ankur Agrawal

Books of accounts are standard main heads. Sub heads can be defined by others

the reason main heads are there for understanding the cost to run a company.

depreciation etc are required to be provided to certain assets only.

again that is seperately done as per govt rules and regulation.

Transparancy in accounts is going slowly. we have been following the british law and changing as per indian tradition. and now we cannot say it is neither indian nor british.

Hello, where can I account for expense on Licences and Registrations? Actually I work at a factory they are applying now for different licences and registrations in different government departments. Also the registrations are being done through few agents who will be reimbursed after acquiring the licences. How to do accounting in this sort of a situation? For example, the company is XYZ Pvt. Ltd. who have applied for pollution licence. The government fees is Rs. 7800 and the agent will take Rs. 2000 as his fees.