Alphabetical List of all Account Classes in Goldenseal Software
Account Name |
Used For |
Type |
Cash Accounts |
Petty cash and other cash on hand |
Asset |
Checking Accounts |
Bank accounts with sequential check numbers |
Asset |
Credit Cards |
Credit cards (see also debit cards) |
Liability |
Customers |
People or businesses that are listed in Sales or Projects |
Job |
Employees |
People on your payroll. |
Cost |
Equipment |
Vehicles, machinery, equipment and large tools |
Asset, Cost, Job |
Escrow Accounts |
Money that you don't own, but that you manage for others. |
Liability |
Inventory Accounts |
Goods that you hold for resale or for use in projects. |
Asset |
Investments |
Any assets that don't fit in one of the other categories. |
Asset & Job |
Loans |
Any debts that are not credit cards. |
Liability |
Material Suppliers |
Suppliers of materials for resale or for use in projects. |
Cost |
Other Costs |
Cost accounts that are not materials or subcontractors. |
Cost |
Overhead Accounts |
Internal accounts, used to allocated overhead expenses. |
Job |
Owner Equity |
Ownership shares in the business. |
Liability |
Projects |
One-time jobs that you do for a customer. |
Job |
Real Estate |
Real property that you own or manage. |
Asset & Job |
Savings Accounts |
Bank account that don't have sequential checks. |
Asset |
Subcontractors |
People or businesses that provide services to you. |
Cost |
Utility Accounts |
Abstract "bookkeeping" accounts. |
Utility |
Job Accounts
Sources of income (direct or indirect), and consumers
of expenses. Click for more about job accounts.
Account Name |
Used For |
Type |
Customers |
People or businesses that are listed in Sales or Projects |
Job |
Overhead Accounts |
Internal accounts, used to allocated overhead expenses. |
Job |
Projects |
One-time jobs that you do for a customer. |
Job |
Asset Accounts
Bank accounts, and other items with value. Click
for more about asset accounts.
Account Name |
Used For |
Type |
Cash Accounts |
Petty cash and other cash on hand |
Asset |
Checking Accounts |
Bank accounts with sequential check numbers |
Asset |
Equipment |
Vehicles and large tools. Equipment is also listed as an
asset. |
Asset, Cost, Job |
Inventory Accounts |
Goods that you hold for resale or for use in projects. |
Asset |
Investments |
Any assets that don't fit in one of the other categories. |
Asset & Job |
Real Estate |
Real property that you own or manage. |
Asset & Job |
Savings Accounts |
Bank account that don't have sequential checks. |
Asset |
Liability Accounts
Money owed to others (or managed for others).
Click for more about liability accounts.
Account Name |
Used For |
Type |
Credit Cards |
Credit cards (see also debit cards) |
Liability |
Escrow Accounts |
Money that you don't own, but that you manage for others. |
Liability |
Loans |
Any debts that are not credit cards. |
Liability |
Owner Equity |
Ownership shares (value that the business "owes"
to owners). |
Liability |
Cost Accounts
Equipment, people or businesses providing materials,
labor or services.
Click for more about cost accounts.
Account Name |
Used For |
Type |
Employees |
People on your payroll. |
Cost |
Equipment |
Vehicles, machinery, equipment and large tools |
Asset, Cost, Job |
Material Suppliers |
Suppliers of materials for resale or for use in projects. |
Cost |
Other Costs |
Cost accounts that are not materials or subcontractors. |
Cost |
Subcontractors |
People or businesses that provide services to you. |
Cost |

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