Chart of Accounts

[curtisdelicata]

Background:
The chart of accounts is a critical component in any accounting application, organizing a company's financial transactions and providing a systematic view of its financial position. It forms the foundation for accurate financial reporting and analysis.

Goal:
The goal of this issue is to implement the chart of accounts feature in Liberu Accounting, allowing users to define and organize their financial accounts according to their specific business needs.

Tasks:

Design and Database Schema:

Design the data model and database schema for the chart of accounts, ensuring it accommodates various account types, categories, and hierarchical structure.
User Interface:

Develop an intuitive and user-friendly interface to allow users to create, edit, and manage accounts within the chart of accounts.
Account Hierarchy and Categories:

Enable the creation of account hierarchies and categories to organize accounts in a logical and structured manner.
Account Types and Attributes:

Implement different account types (e.g., assets, liabilities, equity, income, expenses) with customizable attributes for each type.
Search and Filter Functionality:

Incorporate search and filter options to facilitate easy navigation and retrieval of accounts within the chart of accounts.
Import and Export Functionality:

Provide capabilities to import existing chart of accounts data and export data in common file formats for ease of use and migration.
Acceptance Criteria:

Users should be able to create and organize accounts according to their business requirements.
The chart of accounts should support different account types and allow for the categorization and hierarchical structuring of accounts.
The interface should be intuitive and user-friendly, enabling efficient management of the chart of accounts.
Additional Information:

Implementing the chart of accounts is fundamental for Liberu Accounting, ensuring a solid foundation for accurate financial tracking and reporting.
The implementation should follow best practices, adhere to accounting standards, and maintain scalability for future enhancements.