Chart of Accounts and Project Codes
A chart of accounts lists all the different categories of income, expenditures, assets and liabilities in your organisation, together with an account code and a description. Project codes are like cost centres, indicating different projects, donors or departments.
No two organisations will have the same chart of account or project codes - the accounts you need depend on the activities and transactions you carry out, the projects and departmental structure within your organisation, the way your budget is drawn up and your reporting requirements.
Download the Chart of Accounts example