Keep chart of accounts minimal

Default chart of accounts is fairly basic.

Generally speaking, you should not modify this chart of accounts in Manager. Let businesses adjust or improve this chart of accounts as they see fit.

You can add new accounts if these accounts are very common in your country but generally keep the changes or improvements minimal.

The only exception is if your country maintains standard chart of accounts. In this case you would heavily customize default chart of accounts so it reflects country standard as close as possible.

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