Standard Chart of Accounts

The standard Chart of Accounts that comes with Vision is designed to meet typical accounting needs. You can use this chart of accounts or modify it to meet your needs.

Deltek recommends that you use the numbering system established in the Standard Chart of Accounts. However, you can use the Accounts tab of Configuration > Accounting > Company Settings to modify the account numbers for your account categories, such as Assets or Liabilities.

The maximum allowable length for an account number is established during installation. You can change the account number length using the Account Number Key Conversion utility at Utilities > Key Formats > Accounts.

Assets (100.00-199.99)

Current Assets

101.00 Checking Account

102.00 Savings Account

103.00 Savings Account

104.00 Payroll Checking Account

105.00 Deposits

106.00 Investments

Receivables

111.00 Accounts Receivable - Clients

114.00 Notes Receivable

115.00 Travel Advances

Unbilled Services

121.00 Unbilled Services

Fixed Assets

151.00 Furniture and Fixtures

152.00 Accumulated Depreciation - F&F

153.00 Leasehold Improvements

154.00 Accumulated Amortization - Leasehold Improvements

155.00 Automobiles

156.00 Accumulated Depreciation - Auto

Liabilities (200.00-299.99)

Payables - Short Term

201.00 Notes Payable Short Term

Accounts Payable

210.00 Accounts Payable - Trade

211.00 Accounts Payable - Consultants

212.00 Accounts Payable - Other

Deposits

221.00 Deposits on Documents

Salaries and Deductions

231.00 Salaries Payable

232.00 FICA Payable

233.0 Federal Withholding

234.00 State Withholding

236.00 Health Care Insurance Withholding

239.00 Other Withholding

Payables - Long Term

251.00 Notes Payable - Long Term

Net Worth (300.00-399.99)

Net Worth

301.00 Capital

311.00 Previous Years’ Retained Earnings

312.00 Current Year’s Profit and Loss

Revenue (400.00-499.99)

Revenue

401.00 Billed Fee Revenue

402.00 Unbilled Revenue

421.00 Reimbursable Consultant Revenue

422.00 Reimbursable Expense Revenue

Vision's Standard Chart of Accounts divides expense accounts into three categories.

Reimbursable Expenses (500.00-599.99)

Outside Services Expenses (500.00-519.99)

511.00 Structural Consultant

512.00 Mechanical Consultant

513.00 Electrical Consultant

514.00 Civil & Landscape Consultant

515.00 Other Consultants

Other Reimbursable Expenses (520.00-599.99)

521.00 Travel, Meals, and Lodging

522.00 Reproductions

523.00 Models/Renderings/Photos

524.00 Long Distance Telephone

529.00 Miscellaneous Reimbursable Expenses

Direct Expenses (600.00-699.99)

Direct Labor

601.00 Direct Labor - Principals

602.00 Direct Labor - Employees

Accounts 601.00 and 602.00 capture expenses for labor performed by principals and employees. When you assign an employee to one of the Employee Types (from Configuration, Accounting, Employee Types), the employee's labor is charged to the corresponding labor account, 601.00 or 602.00.

Outside Services Expense (610.00-619.99)

611.00 Structural Consultant

612.00 Mechanical Consultant

613.00 Electrical Consultant

614.00 Civil & Landscape Consultants

615.00 Other Consultants

Other Direct Expense (620.00-699.99)

621.00 Travel, Meals, and Lodging

622.00 Reproductions

623.00 Models/Renderings/Photos

624.00 Long Distance Telephone

625.00 Miscellaneous Direct Expenses

Indirect Expenses (700.00-799.99)

Administrative Labor

701.00Indirect Labor - Principals

702.00 Indirect Labor - Employees

703.00 Job Cost Variance

704.00 Temporary Help

749.00 Other Office Expense

Payroll Benefits

721.00 Employer’s FICA Tax

722.00 Federal Unemployment

723.00 State Unemployment

724.00 Worker’s Compensation

729.00 Miscellaneous Payroll Expenses

Other Benefits

731.00 Health Care Insurance

732.00 Life Insurance

733.00 Disability Income Insurance

734.00 Other Insurance

735.00 Pension/Profit Sharing

736.00 Education and Seminars

737.00 Professional Registration and Dues

Office Expenses

741.00 Rent

742.00 Utilities

743.00 Office Supplies/Periodicals

744.00 Telephone

745.00 Posting/Shipping/Delivery

746.00 Equipment Rental

747.00 Repairs and Maintenance

748.00 Printing and Reproduction

749.00 Other Office Expenses

Legal and Financial Expenses

751.00 Legal

752.00 Accounting/Audit/Tax

753.00 Data Processing

754.00 Interest Expense

755.00 Professional Liability Insurance

756.00 Other Insurance

Automobile Expenses

761.00 Auto Gas and Oil

762.00 Auto Repairs

763.00 Auto Registration/Insurance

764.00 Travel

765.00 Hotels and Meals

Depreciation and Amortization

771.00 Depreciation - F&F

772.00 Amortization - Leasehold

773.00 Depreciation - Automobiles

Expense Recovery

791.00 Printing/Reproduction Recovery

792.00 Miscellaneous Expense Recovery

Other Miscellaneous Revenue and Expenses (800.00-999.99)

Other Miscellaneous Revenue and Expenses

No accounts defined in the Standard Chart of Accounts. Use for "below the line" revenue and expenses, such as rental income.