Qoyod
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 Knowledge Base

Number of Permitted Accounts and Seven-Level Organization in the Chart of Accounts

Clarification about the number of accounts allowed to be added in the chart of accounts and how to organize them.

  1. Is there a specific number of accounts?
    • There is no specific number of accounts in the chart of accounts. We provide you with a chart of accounts with 5 main types.
  2. How to organize accounts in the chart of accounts:
    • You can branch each type of account into 7 levels, which gives you great flexibility in organizing accounts in a way that suits your needs.

Additional Notes:

  • You can customize the chart of accounts to match the accounting structure of your organization without numerical restrictions on accounts.
  • Good organization of accounts helps improve financial reports and increases the accuracy of accounting operations.
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