Chart of accounts
chart of accounts, Or even standard chart of accounts, categorize accounts into account classes to systematize accounting. There are 10 Account classes, For example, incoming goods accounts or an account for operating expenses, which you calculate from 0 to 9. Which you can use varies from industry to industry, as they have different functions and interfaces. This allows you to then create an individual Create a chart of accounts.
Most commonly used: SKR 03 and SKR 04
The can be used for all industries Standard chart of accounts 03 and 04, which is why they are also the most common. The difference between SKR 03 and SKR 04 is the order of the positions and account classes of the account framework based on the various structuring principles.
SKR 03 Is ordered according to Process structure principle and SKR 04 after Financial classification principle. Processes mean operating procedures, i.e. that the item incoming goods comes before inventory. The financial statement principle is about organizing the accounts so that the accounts that receive transfers are first in order to calculate turnover. This is followed by accounts with expenses that you deduct from sales. This different approach changes the order of account classes.
What should I pay attention to?
The framework has developed DATEV against the background of the different accounts being posted depending on the sector. So there is industry-specific, such as the SKR 70 for the catering sector, which to use pay. Because of the different options, you should agree on one with your tax office.
3 advantages:
- DATEV provides the templates as downloads free of charge
- Exporting data for financial statements
- Set up a chart of accounts with sub-accounts individually
