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ACCOUNTS

I. Classification of accounts

Class 1 to 5 :Balance sheet accounts

The balance sheet transactions are divided into five classes of accounts qualified as balance sheet accounts and structured as follows.

CLASS 1: EQUITY AND LIABILITIES

    Shareholders' equity, other own funds, loans and similar debts.

    The accounts of class 1 include:

    • The shareholders' equity which is the sum of:

      • contributions: capital, premiums related to the capital,

      • revaluation differences,

      • differences in equity method,

      • profits other than those for which a distribution decision has been made: reserves, retained earnings, profit for the financial year,

      • losses: negative retained earnings, loss for the financial year,

      • investment grants,

      • regulated provisions.

    Within shareholders' equity, the net position is established after appropriation of the financial year's profit or loss. It excludes:

    • investment grants and regulated provisions;

    • other own funds which include the amount of non-voting shares issued, advances subject to conditions and licensor's rights;

    • provisions;

    • loans and similar debts;

    • debts related to equity interests;

    • entities and joint ventures intercompany accounts.

CLASS 2: FIXED ASSETS

    The accounts of class 2 include intangible fixed assets, tangible fixed assets, financial fixed assets, depreciation and amortization of fixed assets.

CLASS 3: INVENTORY AND WORK IN PROGRESS

    For inventories and work in progress, there are two classification criteria :

    • the physical nature of the good or the nature of the service;

    • the chronological order of the production cycle: consumable, production in progress, production, inventory for resale as is.

    For the classification of goods and services acquired from external suppliers and required for the carrying out of its activities, the entity uses the criteria of physical nature.

    The entity establishes the classification of goods and services that most closely fits its internal management needs.

CLASS 4: ACCOUNTS RECEIVABLE AND PAYABLE

    The accounts of class 4 record:

    • receivables and payables related to non-exclusively financial transactions and generally short-term,

    • accruals and deferrals of expenses and income.

    By extension, the accounts of class 4 include the accounts attached to third-party accounts and used to record either financing methods linked to debts and receivables, i.e. bills payable and bills receivable, or future debts and receivables relating to the financial year, i.e. accrued expenses and accrued income.

    Accruals and deferrals include income and expenses recognized during the financial year but relating directly to the following financial years, as well as expenses recognized during the year but which may be allocated systematically over several subsequent financial years.

    Accruals and deferrals are used to allocate expenses and income over time, so that only those expenses and income that actually relate to each financial year are allocated to it.

CLASS 5: CASH AND FINANCIAL INSTRUMENTS

    The accounts of class 5 record:

    • transactions in cash, checks, coupons;

    • transactions involving financial intermediaries;

    • marketable securities.

Class 6 to 7 :Profit and loss accounts

The income statement transactions are divided into 2 classes of accounts qualified as profit and loss accounts and structured as follows.

CLASS 6: EXPENSES

    Class 6 includes accounts for recording, during the financial year, expenses by nature, including those relating to previous financial years, which are related to :

    • the entity's operating activities;

    • its financial management;

    • its exceptional transactions;

    • employee profit-sharing and income taxes.

CLASS 7: REVENUES

    Class 7 includes accounts for recording, during the financial year, income by nature, including those relating to previous financial years, which are related to  :

    • the entity's operating activities;

    • its financial management;

    • its exceptional transactions;

    • transfers of expenses.

Class 8 :Special accounts

Class 8 is used to meet the disclosure requirements of financial statements.

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