China Chart of Accounts

[vrms]

Continuing the discussion from Tunisia Chart of account:

@stephenzhao

So does China’s Chart of Account in ERPNext.

Types of accounts(root types) in China is very different from other countries’, they are Asset, Liability, Comma, Owner’s equity, Cost, Profit&Loss.
Notice this fact: They are not Asset, Liability, Equity, Income(Revenue), Expense!

While I can’t achieve to edit that default chart of account, and there are no correct root types to be select when creating a new chart of account.

What should I do? I have no idea how to continue the test. Will accounting module of ERPNext be compatible with China’s Chart of Account?

See wiki from OpenBravo(another ERP), theirs seem to be reasonable.
Chart of Accounts China | openbravo wiki

pulling the above into a new Topic

@stephenzhao

Types of accounts(root types) in China is very different from other countries’, they are Asset, Liability, Comma, Owner’s equity, Cost, Profit&Loss.
Notice this fact: They are not Asset, Liability, Equity, Income(Revenue), Expense!

@stephenzhao

1. what does Comma stand for? Is this a typo?
2. does Asset=Asset, Liability=Liability, Owner's Equity=Equity, Cost=Expenses, Profit&Loss=Revenue work? (actually an Account Type like Profit & Loss seems a bit weird anyhow)

[AbdalAliy]

You can fork the COA?

[vrms]

@AbdalAliy

You can fork the COA?

not quite clear what you mean. charts.erpnext.com?

[AbdalAliy]

yes
I think the discussion is not really useful unless the bug is fixed.

[vrms]

@AbdalAliy

I think the discussion is not really useful unless the [charts.erpnext.com] bug is fixed.

I don’t agree. In order to contribute a chart of accounts (which does not exist for China yet) all that is needed is a .json file. Also you even though forking a chart on the charts.erpenxt.com site doesn’t work, as you say, you can create a new one from scratch.

[AbdalAliy]

Thanks! This is a good information.

[petel_zhang]

Does the Chinese accountant have a solution now? Or does the official have a solution plan?

[vrms]

The best advice I got was to find the Chinese CoA that exists in Odoo, and manually rebuild that. I was told the chart was good.

@szufisher (I hope you don’t mind me pulling you in here) how do you create a CoA for an implementation in China?

[szufisher]

unfortunately till now no customer started using the accounts module with localized COA yet.