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Glossary

What is chart of accounts?

A chart of accounts is the list of categories your business's money is sorted into — sales, rent, salaries, equipment and the rest — and it is what makes a set of books readable.

Updated August 7, 2026

A restaurant's is not a tailor's. Yours arrives set up for your trade rather than as a generic list you have to prune.

Your accountant will want to adjust it, and they should be able to. It is a working document, not a fixed one.

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