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Re: Chart of Accounts use names only

Posted: Sat Mar 13, 2010 7:03 am
by NeilZ
tabylee1954 wrote:Hi

May I just use names only in making chart of accounts? no numbers.
In a word, no. Any accountant will recognize the numbering scheme used here as a standard double entry accounting scheme. The numbers designate areas of income, equity, liabilities, etc.