Hi,
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Currently it would take default CoA and not the one in charts.erpnext.com
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charts.erpnext.com is a way you can contribute your own Country’s CoA to ERPNext
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There is a plan is to merge few submitted CoA’s from charts.erpnext.com into ERPNext, you would then see them in ERPNext based on your country selected.
Hope this clarifies some of your queries.
Thanks