Manufacturing Chart of Accounts

A comprehensive accounting structure tailored for manufacturing businesses

Why Use This Template?

A well-structured Chart of Accounts is essential for accurate financial tracking and reporting in the manufacturing sector. This template includes industry-specific accounts and categories designed to match your business operations.

How to Use This Template

Review the account structure below
Download in your preferred format (CSV or PDF)
Customize account codes and names as needed
Import into your accounting software

Chart of Accounts

Account Code	Account Name	Category	Type	Description
1101	Cash	Asset	Current Asset	Physical cash and bank accounts
1102	Accounts Receivable	Asset	Current Asset	Money owed by customers for manufactured goods sold
1103	Raw Materials Inventory	Asset	Current Asset	Raw materials used in the manufacturing process
1104	Work in Progress Inventory	Asset	Current Asset	Partially finished goods in the manufacturing process
1105	Finished Goods Inventory	Asset	Current Asset	Completed goods ready for sale
1201	Manufacturing Equipment	Asset	Fixed Asset	Cost of machinery and equipment used in manufacturing
1202	Factory Building	Asset	Fixed Asset	Cost of factory buildings and production facilities
1203	Office Equipment	Asset	Fixed Asset	Office furniture, computers, and administrative equipment
1401	Prepaid Insurance	Asset	Prepayment	Insurance premiums paid in advance
1402	Prepaid Rent	Asset	Prepayment	Rental payments made in advance for manufacturing facilities
2101	Accounts Payable	Liability	Current Liability	Money owed to suppliers for raw materials and services
2102	Taxes Payable	Liability	Current Liability	Taxes owed to government authorities
2103	Wages Payable	Liability	Current Liability	Unpaid salaries and wages owed to employees
2201	Equipment Loan Payable	Liability	Non-Current Liability	Long-term loans for purchasing manufacturing equipment
2202	Factory Mortgage Payable	Liability	Non-Current Liability	Long-term mortgage for factory buildings
3101	Owner's Equity	Equity	Equity	Owner's initial and additional investments in the business
3102	Retained Earnings	Equity	Equity	Profits retained in the business for reinvestment
4101	Depreciation Expense	Expense	Depreciation	Allocation of costs for machinery and equipment over time
4201	Raw Materials Costs	Expense	Direct Costs	Costs associated with raw materials used in production
4202	Direct Labor Costs	Expense	Direct Costs	Wages paid to production workers
4203	Factory Overhead Costs	Expense	Direct Costs	Utilities and other direct production-related costs
4301	Factory Rent	Expense	Overhead	Cost of leasing manufacturing facilities
4302	Utilities Expense	Expense	Overhead	Electricity, water, and gas expenses for production facilities
4303	Administrative Salaries	Expense	Overhead	Salaries for administrative and management staff
4304	Repairs and Maintenance	Expense	Overhead	Maintenance costs for machinery and factory equipment
4305	Marketing and Advertising	Expense	Overhead	Expenses for promoting manufactured products
5101	Product Sales Revenue	Revenue	Revenue	Revenue generated from sales of manufactured goods
5102	Contract Manufacturing Revenue	Revenue	Revenue	Revenue from manufacturing products for third-party clients