Company preferences default accounts

Ajera automatically sets up default balance sheet and income statement accounts, which you use for company preferences. You can change the descriptions and IDs for these accounts to match those used at your company.

Balance sheet accounts

Account	ID	Description
Asset accounts:
Pending deposits	1140	Pending deposits
Accounts receivable	1210	Accounts receivable
Employee receivable	1220	Employee receivable
Work-in-progress: Labor	1310	Work-in-progress - Labor
Work-in-progress: Expense	1320	Work-in-progress - Expenses
Work-in-progress: Consultant	1330	Work-in-progress - Consultants
Liability and Equity accounts:
Accounts payable	2210	Accounts Payable
Salaries payable	2310	Salaries Payable
Client prepayments	2710	Client Prepayments
Sales tax payable	2220	Sales Tax Payable
Retained earnings	3810	Retained Earnings

Income statement accounts

Account	ID	Description
Revenue accounts:
Billed labor	4110	Professional Fees Billed
Billed expense	4120	Expenses Billed
Billed consultant	4130	Consultants Billed
Billed finance charges	4140	Finance Charges Billed
Unbilled labor	4210	Unbilled Professional Fees
Unbilled expense	4220	Unbilled Expenses
Unbilled consultant	4230	Unbilled Consultants Fees
Bad Debt write-off	8840	Bad Debt
Miscellaneous	4310	Miscellaneous Revenue
Labor write-off	4410	Professional Fees Write-off
Expense write-off	4420	Expenses Write-off
Consultant write-off	4430	Consultants Write-off
Vendor write-off	9120	Vendor Write-off
Payroll expense accounts - Employee Time:
Billable	5120	Billable Salaries-Employee
Nonbillable	6140	Nonbillable Salaries - Employee
Marketing	6120	Marketing Salaries - Employee
Overhead	7120	Indirect Salaries - Employee
Payroll expense accounts - Principal Time:
Billable	5110	Billable Salaries - Principals
Nonbillable	6130	Nonbillable Salaries - Principal
Marketing	6110	Marketing Salaries - Principal
Overhead	7110	Indirect Salaries - Principal
Payroll expense account:
Payroll variance	7140	Payroll Variance