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Note:
When establishing a Chart of Accounts you should always seek the advice of your Accountant or Auditor before going live with the new structure.  It can save a lot of time resolving issues after year end.

Chart of Accounts - Sage Line 50 UK Based


A number of visitors to this site arrive following a keyword search on Google for Sage or Excel Chart of Accounts

The following list is an example Chart of Accounts suitable for Sage Line 50 and for a UK based business.  You will need to adapt the specific line entries to suit your business, nevertheless the example gives you a basic structure that you can follow:

 
 

Assets and depreciation  0010 to 0050
Stocks and Work in Progress   1000 to 1099
 
Debtors and Prepayments
 
1100 to 1199
 
Bank and Cash
 
1200 to 1299
 
Creditors
 
2000 to 2999
 
Share Capital and Reserves
 
3000 to 3999
 
Sales
 
4000 to 4999
 
Direct Costs of Sales
 
5000 to 5999
 
Other Costs of Sales
 
6000 to 6999
 
Overheads
 
7000 to 7999
 
Other Overheads and Depreciation (P&L)
 
8000 to 8999
 
Suspense and other Miscellaneous Accounts
 
9000 to 9999
 



Download Spreadsheet with Chart of Accounts for Sage Line50

or cut and paste the following list


0010     Leasehold
0011     Leasehold depreciation
0020     Product tooling
0021     Product tooling depreciation
0030     Office equipment
0031     Office equipment depreciation
0032     Computers
0033     Computers depreciation
0040     Furniture
0041     Furniture depreciation
0050     Warehouse Equipment
0051     Warehouse Equipment depreciation
0052     Manufacturing Equ
0053     Manufacturing Equ depreciation
1001     Stock
1002     Work in Progress
1100     Debtors Control Account
1101     Sundry Debtors
1102     Other Debtors
1103     Prepayments
1104     Loan
1200     Bank Current Account
1210     Bank Deposit Account
1220     Building Society Account
1222     DO NOT USE
1223     Bank US$
1224     Bank €
1225     DO NOT USE
1226     Long term Deposit £
1228     Long term Deposit USD
1230     Petty Cash
1232     Petty Cash €
1240     Company Credit Card
2100     Creditors Control Account
2101     Sundry Creditors
2102     Other Creditors
2103     Audit Accrual
2105     Old - accruals
2109     Accruals
2151     Creditors - Number 1
2152     Creditors - Number 2
2153     Creditors - Equipment deposits
2154     Creditor - Net pay control
2200     Sales Tax Control Account
2201     Purchase Tax Control Account
2202     VAT Liability
2212     PAYE & NIC
2220     Healthcare, Life & PHI
2221     Pension scheme accrual
2222     Salaries - accruals
2223     Bonus - accruals
2230     Pension Fund
2300     Loans
2310     Hire Purchase
2330     Mortgages
3000     Ordinary Shares
3002     Preference Shares
3090     Share Premium
3092     Share Premium Charges
3100     Reserves
3101     Undistributed Reserves
3200     Profit and Loss Account
4000     Sales Type A
4009     Discounts Allowed
4010     Sales Computers
4011     Sales Printers
4012     Sales Other equipment
4013     Sales Furniture
4014     Sales Consumables
4015     Sales Other 1
4018     Sales Other 2
4125     Installation Computers
4150     Installation Printers
4151     Installation Other equipment
4152     Installation Furniture
4156     Installation Spare 1
4157     Installation Spare 2
4158     Installation Servicing
4175     Maintenance Contracts
4400     Credit Charges (Late Payments)
4500     Asset Sales
4610     Miscellaneous sales
4900     Miscellaneous Income
4901     Royalties Received
4902     Commissions Received
4903     Insurance Claims
4905     Distribution and Carriage
4910     Interest Income
5000     Materials Purchased
5002     Miscellaneous Purchases
5009     Discounts Taken
5010     Sales Computers costs
5011     Sales Printers costs
5012     Sales Other equipment costs
5013     Sales Furniture costs
5014     Sales Consumables costs
5017     Installation Computers costs
5018     Installation Printers costs
5100     Installation Other equipment costs
5125     Installation Furniture costs
5152     Installation Service costs
5156     Maintenance Contracts costs
5666     Internal Projects
6052     Transport to sales exhibitions
6054     Hire of Equipment for exhibitions
6056     Samples and Prototypes
6058     Brochures for exhibitions
6062     Advertising
6900     Miscellaneous Expenses
7000     Gross Wages
7001     Directors Salaries
7002     Directors Remuneration
7003     Directors Bonus
7004     Staff Bonus
7005     Recruitment Fees
7006     (Employers N.I.) NOT IN USE
7007     Employers Pensions
7008     Employee Benefits Healthcare
7009     mployee Benefits PHI Life Assurance
7010     SSP Reclaimed
7011     SMP Reclaimed
7012     Staff Entertainment
7100     Rent
7103     General Rates
7200     Electricity
7201     Gas
7202     Oil
7203     Other Heating Costs
7300     Fuel and Oil
7304     Miscellaneous Motor Expenses
7400     Travel UK
7401     Travel Europe
7402     Travel Asia
7403     Travel USA
7404     Overseas Entertainment
7405     Overseas Travelling
7406     Subsistence
7410     Entertainment UK
7411     Entertainment Europe
7412     Entertainment Asia
7413     Entertainment USA
7500     Printing Postage & Stationary
7501     Telephone - Internet lines
7502     Telephone - Land lines
7503     Mobile Phones
7504     Office Stationery
7505     Books etc.
7506     Computer Consumables
7507     Computer Maintenance
7508     Courier Services
7600     Legal Fees
7601     Audit and Accountancy Fees
7602     Consultancy Fees
7603     Professional Fees
7604     Accounting Services
7605     Investor Monitoring Fees
7607     Outsourced QA
7608     Non-Exec Director Fees
7609     Technology Consultancy
7610     Visitors Subsistence
7651     Public Relations
7652     Website Maintenance
7653     Marketing Support
7654     Exhibitions
7655     Sales Agents
7691     New R&D
7696     Technology consumables
7700     Equipment Hire
7701     Office Machine Maintenance
7800     Repairs and Renewals
7803     Premises Expenses
7900     Bank Interest Paid
7901     Bank Charges
7902     Currency Charges
7903     Loan Interest Paid
7904     H.P. Interest
7905     edit Charges
7906     Exchange Rate Variance
8000     Depreciation
8001     Leasehold Improvements DPN
8002     Technical Equipment DPN
8003     Computers DPN
8004     Computer Software DPN
8005     Furniture DPN
8006     Product tooling DPN
8007     Warehouse Equ DPN
8008     Manufacturing Equ DPN
8100     Bad Debt Write Off
8102     Bad Debt Provision
8200     Miscellaneous
8201     Subscriptions
8202     Clothing Costs
8203     Training Costs
8204     Insurance
8205     Refreshments
9998     Suspense Account
9999     Mispostings Account