Chart of Accounts for Property Management Company
Current Assets
| Financial Statement | Normally | |||||
|---|---|---|---|---|---|---|
| 10000 | Current Assets | BS | Debit | |||
| 10100 | Cash and Cash Equivalents | BS | Debit | |||
| 10110 | Bank Checking Account | BS | Debit | |||
| 10111 | Bank-A | BS | Debit | |||
| 10112 | Bank-B | BS | Debit | |||
| 10120 | Bank Savings Account | BS | Debit | |||
| 10121 | Bank-C | BS | Debit | |||
| 10122 | Bank-D | BS | Debit | |||
| 10130 | Bank Trust Account | BS | Debit | |||
| 10131 | Bank-X | BS | Debit | |||
| 10132 | Bank-Y | BS | Debit | |||
| 10140 | Suspense Account | BS | Debit | |||
| 10150 | Cash in Hand | BS | Debit | |||
| 10151 | Bill.com Money in Clearing | BS | Debit | |||
| 10152 | Bill.com Money out Clearing | BS | Debit | |||
| 10153 | Expensify Clearing Account | BS | Debit | |||
| 10200 | Short Term Marketable Securities | BS | Debit | |||
| 10210 | STM Securities - AA | BS | Debit | |||
| STM Securities - BB | BS | Debit | ||||
| 10300 | Accounts Receivable | BS | Debit | |||
| 10310 | Accounts Receivable - Property Leased Out | BS | Debit | |||
| 10311 | Property - B | BS | Debit | |||
| 10330 | Accounts Receivable - Tenants | BS | Debit | |||
| 10331 | Property - A:Tenant -1 | BS | Debit | |||
| 10332 | Property - X: Tenant -2 | BS | Debit | |||
| 10370 | Allowance for Doubtful Debts | BS | Credit | |||
| 10371 | Property - B; Leased Out | BS | Credit | |||
| 10381 | Property -A: Tenants | BS | Credit | |||
| 10391 | Property -X: Tenants | BS | Credit | |||
| 10400 | Inventory | BS | Debit | |||
| 10410 | Inventory : Property - A | BS | Debit | |||
| 10411 | Supplies | BS | Debit | |||
| 10412 | Misc Items | BS | Debit | |||
| 10420 | Inventory : Property - X | BS | Debit | |||
| 10421 | Supplies | BS | Debit | |||
| 10422 | Misc Items | BS | Debit | |||
| 10500 | Other Current Assets | BS | Debit | |||
| 10510 | Other Receivables | BS | Debit | |||
| 10511 | NNN | BS | Debit | |||
| 10520 | Prepayments | BS | Debit | |||
| 10521 | Insurance | BS | Debit | |||
| 10522 | Advances | BS | Debit | |||
| 15530 | Refundable Security Deposits | BS | Debit | |||
| 10531 | Leased in Property - B | BS | Debit |
Non-current Fixed Assets
| Financial Statement | Normally | |||||
|---|---|---|---|---|---|---|
| 20000 | Long Term Assets | BS | Debit | |||
| 20100 | Long Term Marketable Securities | BS | Debit | |||
| 20110 | LTM Securities - AAA | BS | Debit | |||
| 20120 | LTM Securities - BBB | BS | Debit | |||
| 20200 | Property, Plant and Equipment | BS | Debit | |||
| 20210 | Land | BS | Debit | |||
| 20211 | Land - Office Building | BS | Debit | |||
| 20212 | Land - Property - A | BS | Debit | |||
| 20213 | Land - Property - B | BS | Debit | |||
| 20220 | Building | BS | Debit | |||
| 20221 | Offce Building | BS | Debit | |||
| 20222 | Property - A Building | BS | Debit | |||
| 20223 | Property - B Building | BS | Debit | |||
| 20230 | Accumulated Depreciation - Building | BS | Credit | |||
| 20231 | Acc. Depreciation - Offce Building | BS | Credit | |||
| 20232 | Acc. Depreciation - Property - A Building | BS | Credit | |||
| 20233 | Acc. Depreciation - Property - B Building | BS | Credit | |||
| 20260 | Vehicles | BS | Debit | |||
| 20261 | Car | BS | Debit | |||
| 20262 | Van | BS | Debit | |||
| 20270 | Accumulated Depreciation - Vehicles | BS | Credit | |||
| 20271 | Acc. Depreciation - Car | BS | Credit | |||
| 20272 | Acc. Depreciation - Van | BS | Credit | |||
| 20280 | Office Furniture and Fixtures | BS | Debit | |||
| 20281 | Tables | BS | Debit | |||
| 20282 | Chairs | BS | Debit | |||
| 20283 | Air Conditioners | BS | Debit | |||
| 20284 | Paintings | BS | Debit | |||
| 20290 | Acc Depreciation - Office F&F | BS | Credit | |||
| 20291 | Acc. Depreciation - Tables | BS | Credit | |||
| 20292 | Acc. Depreciation - Chairs | BS | Credit | |||
| 20293 | Acc. Depreciation - Air Conditioners | BS | Credit | |||
| 20294 | Acc. Depreciation - Paintings | BS | Credit | |||
| 20300 | Office Equipment | BS | Debit | |||
| 20301 | Computers | BS | Debit | |||
| 20302 | Printers | BS | Debit | |||
| 20303 | Photo Copiers | BS | Debit | |||
| 20310 | Accumulated Depreciation - Office Equipment | BS | Credit | |||
| 20311 | Acc. Depreciation - Computers | BS | Credit | |||
| 20312 | Acc. Depreciation - Printers | BS | Credit | |||
| 20313 | Acc. Depreciation - Photo Copiers | BS | Credit | |||
| 20320 | Tools and Plants | BS | Debit | |||
| 20321 | Laundry Plant | BS | Debit | |||
| 20322 | Ironing Plant | BS | Debit | |||
| 20323 | Cleaning Tools | BS | Debit | |||
| 20330 | Accumulated Depreciation - Tools and Plants | BS | Credit | |||
| 20331 | Acc. Dep - Laundry Plant | BS | Credit | |||
| 20332 | Acc. Dep - Ironing Plant | BS | Credit | |||
| 20333 | Acc. Dep - Cleaning Tools | BS | Credit | |||
| 20600 | Intellectual Property | BS | Debit | |||
| 20610 | Intellectual Property - A | BS | Debit | |||
| 20650 | Acc Amortization - Intellectual Property | BS | Credit | |||
| 20651 | Acc Amortization - Intellectual Property - A | BS | Credit | |||
| 20700 | Goodwill | BS | Debit | |||
| 20710 | Goodwill | BS | Debit |
Current Liabilities
| Financial Statement | Normally | |||||
|---|---|---|---|---|---|---|
| 30000 | Current Liabilities | BS | Credit | |||
| 30100 | Notes Payable | BS | Credit | |||
| 30110 | Notes Payable | BS | Credit | |||
| 30200 | Short Term Tenants Security Payable | BS | Credit | |||
| 30211 | Refundable Security Tenant - 1 | BS | Credit | |||
| 30212 | Refundable Security Tenant - 2 | BS | Credit | |||
| 30400 | Other Current Liabilities | BS | Credit | |||
| 30410 | Interest Payable | BS | Credit | |||
| 30411 | Interest Payable to Bank - A | BS | Credit | |||
| 30420 | Accrued Expenses | BS | Credit | |||
| 30421 | Utility Bills Payable | BS | Credit | |||
| 30422 | Salaries and Wages Payable | BS | Credit | |||
| 30423 | Expensify Card - Payable | BS | Credit | |||
| 30424 | Airbnb - Payable | BS | Credit | |||
| 30425 | Bill Card - Payable | BS | Credit | |||
| 30426 | Credit Card - Payable | BS | Credit | |||
| 30460 | Taxes Payable | BS | Credit | |||
| 30461 | Sales Tax Payable | BS | Credit | |||
| 30462 | Purchase Tax Payable | BS | Credit | |||
| 30463 | Payroll Tax Payable | BS | Credit | |||
| 30464 | Income Tax Payable | BS | Credit | |||
| 30465 | Property Tax Payable | BS | Credit |
Non-current Liabilities
| Financial Statement | Normally | |||||
|---|---|---|---|---|---|---|
| 40000 | Long Term Liabilities | BS | Credit | |||
| 40100 | Bonds | BS | Credit | |||
| 40110 | Bonds Payable - XXX | BS | Credit | |||
| 40120 | Bonds Payable - YYY | BS | Credit | |||
| 40200 | Refundable Security Deposits | BS | Credit | |||
| 40210 | Propery - A; Tenant-1 | BS | Credit | |||
| 40211 | Propery - X; Tenant-2 | BS | Credit |
Equity
| Financial Statement | Normally | |||||
|---|---|---|---|---|---|---|
| 50000 | Equity | BS | Credit | |||
| 50100 | Capital | BS | Credit | |||
| 50110 | Equity - Opening Balance | BS | Credit | |||
| 50120 | Equity - Addition | BS | Credit | |||
| 50130 | Equity - Drawings | BS | Debit | |||
| 50200 | Retained Earnings | BS | Credit | |||
| 50210 | Retained Earnings - Opening Balance | BS | Credit | |||
| 50220 | Retained Earnings - Current Period | BS | Credit | |||
| 50230 | Retained Earnings - Distributed | BS | Debit |
Operating Revenue
| Financial Statement | Normally | |||||
|---|---|---|---|---|---|---|
| 60000 | Income | P&L | Credit | |||
| 60100 | Renenue from Tenants | P&L | Credit | |||
| 60110 | Rent from Tenants | P&L | Credit | |||
| 60111 | Own Property - A | P&L | Credit | |||
| 60112 | Leased in Property - X | P&L | Credit | |||
| 60120 | Late Fee from Tenants | P&L | Credit | |||
| 60121 | Own Property - A | P&L | Credit | |||
| 60122 | Leased in Property - X | P&L | Credit | |||
| 60130 | Laundry Fee from Tenants | P&L | Credit | |||
| 60131 | Own Property - A | P&L | Credit | |||
| 60132 | Leased in Property - X | P&L | Credit | |||
| 60140 | Parking Fee from Tenants | P&L | Credit | |||
| 60141 | Own Property - A | P&L | Credit | |||
| 60142 | Leased in Property - X | P&L | Credit | |||
| 60150 | Application Fee | P&L | Credit | |||
| 60151 | Own Property - A | P&L | Credit | |||
| 60152 | Leased in Property - X | P&L | Credit | |||
| 60160 | Booking Cancellation Charges | P&L | Credit | |||
| 60151 | Own Property - A | P&L | Credit | |||
| 60152 | Leased in Property - X | P&L | Credit | |||
| 60170 | Utility Charges | P&L | Credit | |||
| 60151 | Own Property - A | P&L | Credit | |||
| 60152 | Leased in Property - X | P&L | Credit | |||
| 60200 | Renenue from Airbnb Booking | P&L | Credit | |||
| 60210 | Rent from Airbnb Booking | P&L | Credit | |||
| 60211 | Property - A; Tenant - 1 | P&L | Credit | |||
| 60212 | Property - X; Tenant - 2 | P&L | Credit | |||
| 60300 | Renenue from Leased Out Property | P&L | Credit | |||
| 60310 | Rent from Leased Out Property | P&L | Credit | |||
| 60311 | Property - B | P&L | Credit |
Operating Expenses
| Financial Statement | Normally | |||||
|---|---|---|---|---|---|---|
| 70000 | Cost of Services | P&L | Debit | |||
| 70100 | Cost of Property Management Services | P&L | Debit | |||
| 70110 | Salaries and Wages | P&L | Debit | |||
| 70111 | Own Property - A | P&L | Debit | |||
| 70112 | Leased in Property - X | P&L | Debit | |||
| 70120 | Cleaning and Sanitation | P&L | Debit | |||
| 70121 | Own Property - A | P&L | Debit | |||
| 70122 | Leased in Property - X | P&L | Debit | |||
| 70130 | Repair and Maintenance | P&L | Debit | |||
| 70131 | Own Property - A | P&L | Debit | |||
| 70132 | Leased in Property - X | P&L | Debit | |||
| 70140 | Supplies | P&L | Debit | |||
| 70141 | Own Property - A | P&L | Debit | |||
| 70142 | Leased in Property - X | P&L | Debit | |||
| 70150 | Utilities | P&L | Debit | |||
| 70151 | Own Property - A | P&L | Debit | |||
| 70152 | Leased in Property - X | P&L | Debit | |||
| 70130 | Leased Property Rentals to Lessor | P&L | Debit | |||
| 70131 | Leased in Property - X | P&L | Debit | |||
| 70140 | Mortgage Interest | P&L | Debit | |||
| 70141 | Own Property - A | P&L | Debit | |||
| 70142 | Own Property - B | P&L | Debit | |||
| 70150 | Commissions | P&L | Debit | |||
| 70151 | Own Property - A | P&L | Debit | |||
| 70152 | Own Property - B | P&L | Debit | |||
| 70153 | Leased in Property - X | P&L | Debit | |||
| 70154 | Airbnb Commission | P&L | Debit | |||
| 70160 | Insurance | P&L | Debit | |||
| 70161 | Own Property - A | P&L | Debit | |||
| 7012 | Own Property - B | P&L | Debit | |||
| 70170 | Taxes and Licenses | P&L | Debit | |||
| 70171 | Own Property - A | P&L | Debit | |||
| 70172 | Own Property - B | P&L | Debit | |||
| 70180 | Depreciation | P&L | Debit | |||
| 70181 | Own Property - A | P&L | Debit | |||
| 70182 | Own Property - B | P&L | Debit |
Non-Operating Expenses
| Financial Statement | Normally | |||||
|---|---|---|---|---|---|---|
| 80000 | Expense | P&L | Debit | |||
| 80200 | Marketing and Publicity | P&L | Debit | |||
| 80210 | Salaries and Wages | P&L | Debit | |||
| 80211 | Salaries | P&L | Debit | |||
| 80212 | Wages | P&L | Debit | |||
| 80213 | Benefits | P&L | Debit | |||
| 80214 | Pay Roll Taxes | P&L | Debit | |||
| 80220 | Advertisments and Publicity | P&L | Debit | |||
| 80221 | Google Ads | P&L | Debit | |||
| 80222 | Other Ads | P&L | Debit | |||
| 80223 | Publicity | P&L | Debit | |||
| 80224 | Commissions | P&L | Debit | |||
| 80225 | Gifts and Samples | P&L | Debit | |||
| 80230 | Travelling and Conveyance - Marekting | P&L | Debit | |||
| 80231 | Vehicle Running | P&L | Debit | |||
| 80232 | Traveling | P&L | Debit | |||
| 80233 | Conveyance | P&L | Debit | |||
| 80234 | Hotel Expenses | P&L | Debit | |||
| 80250 | Un-Categorized Marketing Expenses | P&L | Debit | |||
| 80300 | General and Administrative | P&L | Debit | |||
| 80310 | Salaries and Benefits | P&L | Debit | |||
| 80311 | Payroll Expenses | P&L | Debit | |||
| 80312 | Payroll Benefits | P&L | Debit | |||
| 80313 | Payroll Taxes - FICA, FUTA, SUTA | P&L | Debit | |||
| 80314 | Employees Insurance | P&L | Debit | |||
| 80315 | Retirement Benefits | P&L | Debit | |||
| 80316 | Recruitment Expenses | P&L | Debit | |||
| 80330 | Utilities | P&L | Debit | |||
| 80331 | Electriciy | P&L | Debit | |||
| 80332 | Sewerage | P&L | Debit | |||
| 80333 | Water | P&L | Debit | |||
| 80334 | Gas | P&L | Debit | |||
| 80340 | Office Rent, Lease and Taxes | P&L | Debit | |||
| 80341 | Office Rent | P&L | Debit | |||
| 80342 | Property Tax | P&L | Debit | |||
| 80350 | Travelling and Conveyance - Admin | P&L | Debit | |||
| 80351 | Vehicle Running | P&L | Debit | |||
| 80352 | Traveling | P&L | Debit | |||
| 80353 | Conveyance | P&L | Debit | |||
| 80354 | Hotel Expenses | P&L | Debit | |||
| 80355 | Vehicle Registrations | P&L | Debit | |||
| 80356 | Vehicle Licenses | P&L | Debit | |||
| 80360 | Repairs and Maintenance | P&L | Debit | |||
| 80361 | Vehicles | P&L | Debit | |||
| 80362 | Office Premises | P&L | Debit | |||
| 80363 | Office Equipment | P&L | Debit | |||
| 80370 | Insurance | P&L | Debit | |||
| 80371 | Office Building | P&L | Debit | |||
| 80372 | Vehicles | P&L | Debit | |||
| 80380 | Postage and Telecommunication | P&L | Debit | |||
| 80381 | Telephone and Internet | P&L | Debit | |||
| 80382 | Postage | P&L | Debit | |||
| 80390 | Printing and Stationery | P&L | Debit | |||
| 80391 | Office Supplies | P&L | Debit | |||
| 80392 | Stationery | P&L | Debit | |||
| 80400 | Entertainment | P&L | Debit | |||
| 80410 | Legal and Professional | P&L | Debit | |||
| 80411 | Audit and Accountancy Fees | P&L | Debit | |||
| 80412 | Consultancy Fees | P&L | Debit | |||
| 80413 | Legal Charges | P&L | Debit | |||
| 80414 | Managment Soft Wares | P&L | Debit | |||
| 80415 | Trainings Costs | P&L | Debit | |||
| 80430 | Fee and Subscriptions | P&L | Debit | |||
| 80440 | Charity | P&L | Debit | |||
| 80441 | Donations | P&L | Debit | |||
| 80442 | Sponsership | P&L | Debit | |||
| 80450 | Un-categorized Expenses | P&L | Debit | |||
| 80460 | Suspense Account | P&L | Debit | |||
| 80470 | Research and Development | P&L | Debit | |||
| 80500 | Depreciation | P&L | Debit | |||
| 80510 | Depreciation | P&L | Debit | |||
| 80511 | Depreciation - Office Building | P&L | Debit | |||
| 80512 | Depreciation - Vehicles | P&L | Debit | |||
| 80513 | Depreciation - Equipment | P&L | Debit | |||
| 80514 | Depreciation - Furniture & Fixtures | P&L | Debit | |||
| 80550 | Amortization | P&L | Debit | |||
| 80551 | Amortization - Intellectual Property | P&L | Debit | |||
| 80600 | Finance Costs | P&L | Debit | |||
| 80610 | Interest Expense | P&L | Debit | |||
| 80611 | Interest on Loans | P&L | Debit | |||
| 80612 | Interest on Credit Cards | P&L | Debit | |||
| 80620 | Bank Charges and Fee | P&L | Debit | |||
| 80621 | Bank - 1 | P&L | Debit | |||
| 80630 | Currency Charges | P&L | Debit | |||
| 80631 | Bank - 1 | P&L | Debit | |||
| 80632 | Bank - 2 | P&L | Debit | |||
| 90000 | Other Income/(Loss) | P&L | Credit | |||
| 90100 | Other Income /(Loss) | P&L | Credit | |||
| 90110 | Gain on Sale of Assets | P&L | Credit | |||
| 90920 | Interest Income | P&L | Credit | |||
| 90930 | Dividend Income | P&L | Credit | |||
| 90940 | Foreign Exchange Gains | P&L | Credit | |||
| 90950 | Loss on Sale of Assets | P&L | Debit | |||
| 90960 | Unusual or one-time charges | P&L | Debit | |||
| 90970 | Foreign Exchange Losses | P&L | Debit | |||
| 100000 | Income Tax | P&L | Debit | |||
| 100100 | Income Tax | P&L | Debit |
