Chart of Accounts Generator

01 Business profile

Everything below is optional. Press Generate with the whole form blank and you still get the complete LTT standard chart, with the template account names left in place for you to fill in later.

Business name

Registration no.

Legal form

Financial year end

Income tax no. (TIN)

SST no. (if registered)

02 Owners & directors

Full name, salutation and identity number of every proprietor, partner, director or shareholder. Each one gets their own current account, and, for a company, their own remuneration accounts — so the ledger never has to guess whose money moved.

Print the identity number inside the account name, the way the standard chart does for agents and commission payees — useful for CP58 and EA reporting.

Identity numbers stay in this browser. Nothing on this page is uploaded, saved to a server, or sent to LTT unless you choose to send it yourself.

03 What the business does

This decides which cost-of-sales bands appear. Tick everything that applies; tick nothing and you get the trading and services bands by default.

Sells goods — buys and resells stock, or sells what it makes Provides services — fees, jobs, projects, contracts Manufactures — raw materials, direct labour, factory overheads Holds stock at the year end Earns rental income from property it owns Holds investments — shares, unit trusts, fixed deposits Buys or sells in foreign currency Has related companies — holding, subsidiary or fellow subsidiary

04 Industry pack

Optional. A pack adds the accounts a particular trade actually needs and the standard chart does not carry — the ones that otherwise end up lumped into sundry expenses. Tick as many as fit; a cafe that also sells online can take both.

Pack accounts follow house numbering and sit under the right parent, but they are not yet part of the LTT standard chart — they are tagged PACK so you can see which is which. Where a pack account is a more specific version of one the standard already carries — a fee received in advance rather than plain unearned revenue — post to the specific one and leave the general account unused.

05 Bank accounts & cash

One account in the ledger for every account at the bank. That is the only way a bank reconciliation can ever agree.

Petty cash holders — whoever holds a float and claims against it.

06 Premises

Rent, electricity, water, assessment and renovation all split by address. Two shops on one rent account is how a business loses sight of which shop is losing money.

07 Vehicles

One registration number, one set of accounts — cost, depreciation, petrol, servicing, road tax, insurance, summonses, and the hire purchase behind it.

08 Phone, mobile & internet lines

A line per bill. When the boss's own mobile sits on the company account, this is where it stops being invisible.

09 People on the payroll

Statutory accounts only appear if you actually pay someone.

Employs staff — EPF, SOCSO, EIS and PCB payable accounts, and the PERKESO Lindung 24 Jam payable in force since 1 June 2026

Lindung 24 Jam is borne entirely by the employee — you deduct it and remit it through ASSIST — so it gets a payable account and deliberately no expense account. Only the employer's own SOCSO and EIS are a cost to the business.

Pays directors a salary or fee — separate remuneration accounts per director Has direct staff cost — wages that belong to a job, not to the office Wants private expenses kept visible — a separate band for what is not deductible

10 How much chart do you want

Hide the template rows I did not fill in (for example Bank - Bank name (A/C: ) when I listed no bank accounts).

Set up in your software:

This is the real chart, not a sample. The codes above are the LTT standard 8-digit codes, the same ones we post to in our own clients' ledgers. What a free page cannot do is decide which of your costs is a direct cost, map your old ledger onto these codes, or load the chart into Bukku, SQL, AutoCount or Xero without breaking your comparatives. That part is an engagement — WhatsApp 011-1955 5538 or ltt@lttcfo.com.