export default [ { name:'Bank Account', slug: 'bank-account', account_type: 'bank', code: '10001', description: '', active: 1, index: 1, predefined: 1, }, { name:'Saving Bank Account', slug: 'saving-bank-account', account_type: 'bank', code: '10002', description: '', active: 1, index: 1, predefined: 0, }, { name:'Undeposited Funds', slug: 'undeposited-funds', account_type: 'cash', code: '10003', description: '', active: 1, index: 1, predefined: 1, }, { name:'Petty Cash', slug: 'petty-cash', account_type: 'cash', code: '10004', description: '', active: 1, index: 1, predefined: 1, }, { name:'Computer Equipment', slug: 'computer-equipment', code: '10005', account_type: 'fixed-asset', predefined: 0, parent_account_id: null, index: 1, active: 1, description: '', }, { name:'Office Equipment', slug: 'office-equipment', code: '10006', account_type: 'fixed-asset', predefined: 0, parent_account_id: null, index: 1, active: 1, description: '', }, { name:'Accounts Receivable (A/R)', slug: 'accounts-receivable', account_type: 'accounts-receivable', code: '10007', description: '', active: 1, index: 1, predefined: 1, }, { name:'Inventory Asset', slug: 'inventory-asset', code: '10008', account_type: 'inventory', predefined: 1, parent_account_id: null, index: 1, active: 1, description:'An account that holds valuation of products or goods that availiable for sale.', }, // Libilities { name:'Accounts Payable (A/P)', slug: 'accounts-payable', account_type: 'accounts-payable', parent_account_id: null, code: '20001', description: '', active: 1, index: 1, predefined: 1, }, { name:'Owner A Drawings', slug: 'owner-drawings', account_type: 'other-current-liability', parent_account_id: null, code: '20002', description:'Withdrawals by the owners.', active: 1, index: 1, predefined: 0, }, { name:'Loan', slug: 'owner-drawings', account_type: 'other-current-liability', code: '20003', description:'Money that has been borrowed from a creditor.', active: 1, index: 1, predefined: 0, }, { name:'Opening Balance Adjustments', slug: 'opening-balance-adjustments', account_type: 'other-current-liability', code: '20004', description:'This account will hold the difference in the debits and credits entered during the opening balance..', active: 1, index: 1, predefined: 0, }, { name:'Revenue Received in Advance', slug: 'revenue-received-in-advance', account_type: 'other-current-liability', parent_account_id: null, code: '20005', description: 'When customers pay in advance for products/services.', active: 1, index: 1, predefined: 0, }, { name:'Sales Tax Payable', slug: 'owner-drawings', account_type: 'other-current-liability', code: '20006', description: '', active: 1, index: 1, predefined: 1, }, // Equity { name:'Retained Earnings', slug: 'retained-earnings', account_type: 'equity', code: '30001', description:'Retained earnings tracks net income from previous fiscal years.', active: 1, index: 1, predefined: 1, }, { name:'Opening Balance Equity', slug: 'opening-balance-equity', account_type: 'equity', code: '30002', description:'When you enter opening balances to the accounts, the amounts enter in Opening balance equity. This ensures that you have a correct trial balance sheet for your company, without even specific the second credit or debit entry.', active: 1, index: 1, predefined: 1, }, { name: "Owner's Equity", slug: 'owner-equity', account_type: 'equity', code: '30003', description: '', active: 1, index: 1, predefined: 1, }, { name:`Drawings`, slug: 'drawings', account_type: 'equity', code: '30003', description:'Goods purchased with the intention of selling these to customers', active: 1, index: 1, predefined: 1, }, // Expenses { name:'Uncategorized Expenses', slug: 'uncategorized-expense', account_type: 'expense', parent_account_id: null, code: '40001', description: '', active: 1, index: 1, predefined: 1, }, { name:'Cost of Goods Sold', slug: 'cost-of-goods-sold', account_type: 'cost-of-goods-sold', parent_account_id: null, code: '40002', description:'Tracks the direct cost of the goods sold.', active: 1, index: 1, predefined: 1, }, { name:'Office expenses', slug: 'office-expenses', account_type: 'expense', parent_account_id: null, code: '40003', description: '', active: 1, index: 1, predefined: 0, }, { name:'Rent', slug: 'rent', account_type: 'expense', parent_account_id: null, code: '40004', description: '', active: 1, index: 1, predefined: 0, }, { name:'Exchange Gain or Loss', slug: 'exchange-grain-loss', account_type: 'other-expense', parent_account_id: null, code: '40005', description:'Tracks the gain and losses of the exchange differences.', active: 1, index: 1, predefined: 1, }, { name:'Bank Fees and Charges', slug: 'bank-fees-and-charges', account_type: 'expense', parent_account_id: null, code: '40006', description: 'Any bank fees levied is recorded into the bank fees and charges account. A bank account maintenance fee, transaction charges, a late payment fee are some examples.', active: 1, index: 1, predefined: 0, }, { name:'Depreciation Expense', slug: 'depreciation-expense', account_type: 'expense', parent_account_id: null, code: '40007', description: '', active: 1, index: 1, predefined: 0, }, // Income { name:'Sales of Product Income', slug: 'sales-of-product-income', account_type: 'income', predefined: 1, parent_account_id: null, code: '50001', index: 1, active: 1, description: '', }, { name:'Sales of Service Income', slug: 'sales-of-service-income', account_type: 'income', predefined: 0, parent_account_id: null, code: '50002', index: 1, active: 1, description: '', }, { name:'Uncategorized Income', slug: 'uncategorized-income', account_type: 'income', parent_account_id: null, code: '50003', description: '', active: 1, index: 1, predefined: 1, }, { name:'Other Income', slug: 'other-income', account_type: 'other-income', parent_account_id: null, code: '50004', description:'The income activities are not associated to the core business.', active: 1, index: 1, predefined: 0, } ];