Chart of Accounts for QuickBooks – Livestock Farms (Mac)

QuickBooks is the industry standard accounting software. The Chart of Accounts lays out the structure of how you will input data, and more importantly, how your Profit and Loss Statement and Balance Sheet will look.

We recommend that you organize your accounts into meaningful categories. The most common expense categories are:

• Cost of Goods Sold
• Direct Operating
• Payroll
• Repairs and Maintenance
• Occupancy
• General and Administrative
• Advertising and Promotion

Once you have your main categories you can create sub-accounts for things like cleaning supplies (under direct operating) or rent (under occupancy).

Need more help? We offer phone consultations with screen-share to coach you through the use of this template.