Chart of accounts reference

The accounts SKU.io seeds by default, with the operational activity that posts to each. You can rename these or point a posting role at a different account, but the roles below are what drive automatic generation.

Assets

Code	Account	Holds
1000	Inventory Control	The value of inventory on hand.
1020	Inventory In Transit	Inventory moving between your locations.
1030	Work In Process	Accumulated manufacturing cost not yet finished.
1200	Accounts Receivable	Money owed to you by customers.

Liabilities

Code	Account	Holds
2000	Accounts Payable	Money you owe to suppliers.
2100	Accrued Purchases	Goods received but not yet invoiced by the supplier (GRNI).
2200	Sales Tax	Sales tax collected from customers and owed to the tax authority.
2300	Store Credit Liability	Outstanding store credit owed to customers.
2320	Gift Card Liability	Unredeemed gift-card value owed to customers.
2400	Deferred Revenue	Sales invoiced but not yet shipped — released to revenue as each fulfillment goes out.

Revenue

Code	Account	Holds
4000	Sales	Revenue recognized when you invoice a sales order, plus shipping charged to customers.
4001	Sales Returns and Allowances	Reductions in revenue from customer returns, allowances, and shipping refunds.
4100	Sales Discounts	Discounts given to customers on sales.

Cost of goods sold

Code	Account	Holds
5000	Cost of Goods Sold	The inventory cost of items shipped.
5100	Direct Labor Applied	Direct labor absorbed into manufacturing work in process.
5110	Manufacturing Overhead Applied	Manufacturing overhead absorbed into production.

Other

Code	Account	Holds
6900	Rounding	Small rounding differences so entries always balance.
2310	Store Credit Clearing	Internal clearing for store-credit settlement at the register.
2330	Gift Card Clearing	Internal clearing for gift-card settlement at the register.

Related

• How automatic accounting works — how postings choose an account through roles.
• Review the ledger — see these accounts in real entries.