Goldenseal Accounts

Here's a compact list of all types of accounts used in Goldenseal small business software.

NOTE-- some versions of Goldenseal skip some of these accounts.

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