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.