GENERAL LEDGER ASSET

Chart of Accounts Template

Our chart of accounts examples & templates for SaaS, eComm and more help founders gain a clear understanding and view of their overall financial health. Download the template to organize your books around how your business actually runs.

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Your Chart of Accounts (COA) is Crucial

When we started Graphite, we realized most startups were using what we called the “QuickBooks Default” chart of accounts, or COA for short...

Essentially, expenses outlined in Alphabetical order. This would look something like this: Advertising, Bank Fees, Benefits, Commissions, Marketing, Contractors, Office Expenses, Payroll Taxes, Salaries, Software, Travel

…Not a big deal and easy enough when you have little going on. But when you start hiring a team, investing in tech, and investing in growth (aka you’re a venture backed startup) – this “Quickbooks Default” chart of accounts doesn’t tell you much

It’s crucial (and expected by investors) that founders be able to analyze the economics of their startup. For example, things like salaries…Product/Tech vs Sales vs Operations. That’s why we developed an industry specific startup chart of accounts example & template!