The Chart of Accounts (CoA) is the backbone of your entire accounting system.
A well-structured CoA ensures that all your financial activities are tracked correctly and that your reports are meaningful, clear, and tax-ready. At Ledger Friend, we create a customized account structure based on your business type, industry, and reporting needs.
What We Do ?
- Creating a new Chart of Accounts from scratch
- Industry-specific account classifications
- Mapping income, expenses, assets, liabilities
- Aligning with IRS tax categories
- Supporting multi-entity CoA structures
- Integrating with QuickBooks or Odoo
Who Needs This?
- New businesses setting up accounting from scratch
- Growing companies needing cleaner reports
- Turkish companies transitioning to U.S. tax system
- E-commerce sellers tracking multiple sales channels
- Businesses applying for loans or grants
Why It Matters ?
- Avoids misclassification and reporting errors
- Makes tax filing smoother and faster
- Enhances financial insights and decision-making
- Enables budgeting and forecasting
- Essential for audit-readiness
Add-On Services
- CoA restructuring for messy or outdated setups
- Chart mapping between Türkiye & U.S. accounting standards
- Template-based CoA packages for your industry
- CoA documentation for internal controls or auditor