No need to assign chart of account for every accounts. Need to categorized group that's enough.
An example;
Depreciation Expense
Salaries & Wages
Bonus & Incentives
Hospitality & management ( Food food stuff, Entertainment, Hotel Exp)Tours & Travel
Car & Vehicle Maintenance
Repair & Maintenance ( Computer, Printer & Fax)
communication Exp. ( Telephone, Mobile & Fax)
Utilities ( Electricity, Water)
Bank Commission
Bad Debts
Loss on sale of Asset
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