Chart of Accounts - Simpler Optional Setup List

CURRENT ASSETS
CASH 1000 1010 1020 1050 1099 CASH-OPERATING CHECKING PETTY CASH CASH-CONSTRUCTION CHECKING CASH-SPREADSHEET OFFSET PROFIT TRANSFER ACCOUNT

OTHER ASSETS
OTHER ASSET 1610 1620 1690 REFUNDABLE DEPOSITS PREPAID EXPENSES OTHER CURRENT ASSETS

CURRENT LIABILITIES
CURRENT LIABILITY 2110 2130 2210 2300 2301 2310 2311 2320 2330 2335 2336 2339 2340 2345 2350 2490 ACCOUNTS PAYABLE - TRADE CREDIT CARDS PAYABLE NOTES PAYABLE PR TAX PAYABLE-SOC SEC WH PR TAX PAYABLE-SOC SEC EMPLYR PR TAX PAYABLE-MEDICARE WH PR TAX PAYABLE-MEDICARE EMPLYR PR TAX PAYABLE-FED W/H PR TAX PAYABLE-STATE WH PR TAX PAYABLE-FED UNEMP PR TAX PAYABLE-STATE UNEMP PENSION/RETIREMENT PAYABLE

RECEIVABLES 1210 1230 ACCOUNTS RECEIVABLE-TRADE NOTES RECEIVABLE

INVENTORIES 1310 CONTRUCTIONS MATLS INVENTORY

WORK IN PROGRESS 1430 DIRECT CONSTRUCTION COSTS

INVESTMENTS 1770 1780 1790 DUE FROM OFFICERS/OWNERS ORGANIZATION COSTS ACCUM AMORTIZATION-ORG. COSTS

FIXED ASSETS
PROPERTY, PLANT, & EQPT 1810 1820 1830 1840 1850 1860 1870 1880 1890 LAND BUILDINGS OFFICE FURNITURE AND EQPT VEHICLES CONSTRUCTION EQUIPMENT MODEL HOME PROPERTY MODEL HOME PROP FURNISHINGS LEASEHOLD IMPROVEMENTS COMPUTER EQPT AND SOFTWARE

OTHER PAYROLL WITHHOLDINGS PAYROLL LIABILITIES SALES AND USE TAXES PAYABLE OTHER CURRENT LIABILITIES

CONSTRUCTION LIABILITY 2000 2010 2020 CONSTRUCTION LOANS PAYABLE CONTRACT DEPOSITS CHANGE ORDER DEPOSITS

LONG TERM LIABILITIES

LONG TERM LIABILITY 2510 2530 2700 LONG-TERM NOTES PAYABLE MORTGAGE NOTES PAYABLE OTHER LONG-TERM LIABILITIES

ACCUMULATED DEPRECIATION 1920 1930 1940 1950 1970 1980 1990 ACCUM DEPR-BUILDINGS ACCUM DEPR-OFFICE FURN & EQPT ACCUM DEPR-VEHICLES ACCUMULATED DEPRECIATION

EQUITY
EQUITY 2900 2910 2920 2950 2960 COMMON STOCK ADDITIONAL PAID IN CAPITAL RETAINED EARNINGS PARTNERSHIP CAPITAL DRAWING ACCOUNT

ACCUM DEPR-MODEL HOME PROPERTY ACCUM DEPR-MODEL HOME FURNITUR ACCUM DEPR-COMPUTER EQPT/SFTWR

Chart of Accounts - Simpler Optional Setup List

99999 BALANCE FWD CLEARING ACCT 8400 8420 8450 8452 8470 8472 8500 8502 8503 8504 8550 8552 8554 8556 8600 OTHER INCOME 3300 3350 3400 3450 INVESTMENT INCOME BROKERAGE FEES MISCELLANEOUS INCOME EARNED DISCOUNTS 8620 8650 8700 8750 TRAINING & EDUCATION TRAVEL EXPENSE UTILITIES VEHICLE EXPENSES OFFICE SUPPLIES RECRUITING AND HIRING RENT-OFFICE RENT-OFFICE EQUIPMENT

SALES/ REVENUES
SALES - CUSTOM HOMES 3100 SALES-SINGLE FAMILY HOMES

SALES - LAND DEVELOPMENT 3000 3050 SALES-LAND HELD FOR DEVELOPMNT SALES-DEVELOPED LOTS

REPAIRS & MAINT-OFFICE EQPT REPAIRS & MAINT-OFFICE SPACE SALARIES - BONUSES SALARIES - GENERAL SALARIES-RETIRE/PENSION CONTRI SALARIES - PAYROLL TAXES TAXES:OTHER TAXES:PERSONAL PROPERTY TAXES:REAL ESTATE TAXES:SALES & USE TELEPHONE

COST OF SALES
COST OF SALES-CUSTOM HOMES 3600 COST OF SALES-SNGL FAM HOMES

COST OF SALES-LAND DEVELOP 3500 3550 COST OF SALE-LAND HELD FOR DEV COST OF SALES-DEVELOPED LOTS

OTHER INCOME

GENL/ ADMIN EXPENSES

OFFICE EXPENSES 8100 8120 8140 8160 8180 8200 8230 8232 8234 8236 8238 8239 8250 8252 8270 8290 8300 8320 ACCOUNTING SERVICES ADVERTISING COMPUTER SUPPLIES CONSULTING SERVICES CONTRACT LABOR ENTERTAINMENT INSURANCE- WORK COMP INSURANCE-GENL LIABILITY INSURANCE-HAZARD INSURANCE-HEALTH INSURANCE-OTHER INSURANCE-PROP/LIAB/VEHICLES LEASES-COMPUTER EQPT LEASES-COMPUTER SOFTWARE LEGAL SERVICES LICENSE FEES MEETING EXPENSES MISCELLANEOUS EXP

DEPRECIATION EXPENSES 8810 8820 8830 8840 8850 8860 8890 DEPRECIATION-BUILDINGS DEPRECIATION-FURNITURE & EQPT DEPRECIATION-VEHICLES AMORTIZATION-LEASEHOLD IMPRVMN COST

AMORTIZATION-ORGANIZATION DEPRECIATION-COMPUTER DEPRECIATION-OTHER

EQPT/SFT

OTHER EXPENSES
OTHER EXPENSE 8900 8910 8920 8930 BAD DEBTS CONTRIBUTIONS DUES & SUBSCRIPTIONS BANK SERVICE CHARGES