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
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
.
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. |