FIXED ASSETS – TANGIBLE

0010     Freehold property cost

0020     Freehold property depreciation

0110     Leasehold property cost

0120     Leasehold property depreciation

0210     Plant and machinery cost

0220     Plant and machinery depreciation

0310     Fixtures/fittings cost

0320     Fixtures/fittings depreciation

0410     Motor vehicles cost

0420     Motor vehicles depreciation

FIXED ASSETS – INTANGIBLE

0700     Investments

0900     Goodwill

CURRENT ASSETS

1000     Stocks and work in progress

1100     Trade debtors

1103     Debtors and prepayments

1200     Bank current account

1230     Petty cash

CURRENT LIABILITIES

2100     Purchase ledger control

2109     Creditors and accruals

2200     VAT control account

2300     PAYE/NI creditor

LONG TERM LIABILITIES

2600     Bank loans

2700     Hire purchase creditors

2800     Lease purchase creditors

2900     Other loans

CAPITAL AND RESERVES

3000     Capital account – balance brought forward

3100     Capital introduced

3200     Profit and loss account

3300     Drawings

SALES

4000     Sales/work done

4009     Discounts allowed

4100     Export sales

OTHER INCOME

4200     Royalties received

4210     Commissions received

4220     Insurance claims

4230     Rental income

4240     Bank interest received

COST OF SALES

5000     Purchases

5900     Opening stock and work in progress

5950    Closing stock and work in progress

DIRECT COSTS

6000    Direct labour

6100    Goods outward costs

6200    Goods inward costs

6300    Packaging

6400    Duty paid

6500    Transport insurance

6600    Sales commissions payable

6700    Royalties payable

OVERHEADS

7000    Motor expenses

7100    Telephone

7200    Wages

7300    Rent

7400    Rates

7500    Heat and light

7600    Postage, stationery and advertising

7700    Repairs and renewals

7800    Insurance

7900    Bank charges and interest

8000    Hire purchase interest

8050    Mortgage interest

8100    Accountancy fees

8200    Legal charges

8300    Use of home as office

8400    Protective clothing

8500    Cleaning

8600    Sundry expenses

8700    Subsistence

8800    Profit on asset sales

8900    Depreciation

9000    Bad debts written off

This provides an illustrative list – but you can generally create as many accounts as you need for your own analysis and information. Most software packages come with pre-configured codes set up, sometimes generic and sometimes for a specific trade or industry.