Chart of Account

In SIS Business Suite is basically a standard chart of account already set and defined for for trading organization for the convenience of both accountants and non-accountant. The filing system for categorizing all of a company’s accounts and classifying all transactions according to the accounts they affect. The authorized user can customize own company chart of account and can number or categorize as desired.
The chart of accounts list of categories may include assets, liabilities, owners’ equity, revenues, cost of goods sold, expenses and other relevant accounts. (See chart of accounts example below).