Looking at the Chart of Accounts can be a bit dense so I’ve decided to present a sample P&L instead. (The goal of the Chart of Accounts is to get the accounts to track to the appropriate location on the financial statements.) Take a look at the screenshot below and structure your Chart of Accounts accordingly:
Caveat: your business is unique, so you may need to do some tailoring! And if you are a SaaS business, we offer some of the best SaaS accounting services on the planet.
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