FREE CHEATSHEET: CHART OF ACCOUNTS SETUP BLUEPRINT
2 FREE plug-and-play CHART OF ACCOUNTS (Balance Sheet VS Income Statement Items) for brand-new entrepreneurs who want clean, organized books from day one.
Starting your bookkeeping system from scratch? Not sure which accounts you need — or what they should be called? These FREE Example Chart of Accounts Templates give you instant clarity so you can set up your bookkeeping correctly right from the start.
Designed specifically for brand-new business owners, this two-page cheat sheet outlines the accounts commonly used on both the Balance Sheet and Income Statement, helping you understand how transactions should be recorded and categorized.
Whether you’re setting up QuickBooks Online, Wave, Xero, FreshBooks, or a DIY spreadsheet system, this starter Chart of Accounts gives you a clean, professional foundation to build on — without the overwhelm or guesswork.
⭐ PERFECT FOR:
- New entrepreneurs setting up their bookkeeping for the first time
- Business owners wanting a clean, simple account structure
- Anyone confused by what belongs on a Balance Sheet vs. an Income Statement
- Beginners preparing to meet with a bookkeeper or accountant
- Pre-launch or early-stage startups looking for financial clarity
📄 WHAT'S INCLUDED (FREE Download):
1️⃣ Example Chart of Accounts — Balance Sheet Items
Including The Following Accounts:
- Assets
- Liabilities
- Equity
- Opening Balances
- Common startup accounts (equipment, deposits, loans, owner contributions, etc.)
2️⃣ Example Chart of Accounts — Income Statement
Includes The Following Accounts:
- Income & Sales Categories
- Cost of Goods Sold (COGS)
- General Operating Expenses
- Industry-Flexible Starter Categories
💡 WHY YOU'LL LOVE THIS FREEBIE:
✔ Helps you avoid messy books and miscategorized transactions
✔ Gives you a clear structure to follow before you start entering data
✔ Boosts your confidence in setting up your BOOKKEEPING SOFTWARE
✔ Makes tax time WAY easier
✔ Completely beginner-friendly — no jargon, no confusion
If you’re just getting started with your business finances, this FREE Beginner Chart of Accounts Tool is the easiest way to build a clean, organized bookkeeping foundation without stress or guesswork.
With clear examples for both Balance Sheet and Income Statement Accounts, it gives you the structure, clarity, and confidence every new business owner needs. And ... because it’s completely FREE to download, it’s the perfect first step toward setting up your books the right way — quickly, simply, and with total peace of mind.
