> For the complete documentation index, see [llms.txt](https://multis.gitbook.io/guide-and-legal/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://multis.gitbook.io/guide-and-legal/financial-backbone-for-web3-companies/tracking-and-bookkeeping/chart-of-accounts.md).

# Chart of accounts

A chart of accounts (COA) is an organizational tool that provides a complete listing of every financial account (category) in the general ledger of a company, broken down into subcategories.

It is used to create visibility into a company’s financial health for business leaders, boards, shareholders and/or investors.

To make it easier for readers to locate specific accounts, each chart of accounts typically contains a name, brief description, and a number.

Source: [Investopedia](https://www.investopedia.com/terms/c/chart-accounts.asp)