IMPORTANT
YOU CAN'T CHANGE THE ACCOUNTING HEAD ORDER, RENAME OR RELPACE THE SEQUENCE.| HEAD ID | TITLE | DESCRIPTION | STATUS | ACTION |
|---|---|---|---|---|
| 1439 | Rent | Payment made for the use of property, equipment, or facilities owned by another party | ACTIVE | |
| 1440 | Utilities | Recurring expenses for essential services like electricity, water, gas, and internet used in business operations | DISABLED | |
| 1441 | Salaries | Fixed regular payments made to employees for their work, typically on a monthly basis | DISABLED | |
| 1442 | Wages | Hourly or daily payments made to employees based on the time worked or tasks completed | ACTIVE | |
| 1443 | Printing & Stationery | Expenses cover the cost of office supplies like paper, pens, and printing materials used in daily operations | DISABLED | |
| 1444 | Research & Development (R&D) | Expenses are costs incurred to innovate, develop new products, or improve existing ones | ACTIVE | |
| 1445 | Interest | Cost of borrowing money, paid as a percentage of the loan amount to the lender | ACTIVE | |
| 2221 | Miscellaneous Exp | fuel, Repair etc chrges | ACTIVE | |
| 2223 | Tax on profit | Tax deduction by banks on profit | ACTIVE | |
| 2224 | Bank charges | Cheque book and other chrges by banks | ACTIVE |