Chart of accounts
The structured list of accounts a business uses in its general ledger to categorise financial transactions.
A chart of accounts (CoA) is the structured list of accounts a business uses in its general ledger to categorise every financial transaction. Each account has a number, a name, a category (asset, liability, equity, income, or expense), and posting attributes. In Business Central and Dynamics 365 Finance, the CoA is paired with dimensions so transactions can be analysed by department, project, region, or any other lens without needing thousands of sub-accounts. Designing the CoA is one of the first tasks of any ERP implementation; once live, restructuring it is invasive, so the upfront design matters.