> For the complete documentation index, see [llms.txt](https://docs.kick.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.kick.co/accountants/setting-up/chart-of-accounts/kick-standard-accounts.md). # Kick Standard Accounts See the default chart of accounts Kick sets up for each entity type and what you can change on its accounts. Kick sets up a default chart of accounts for every business, built to map to the tax form for its entity type. You can add your own accounts and groups on top of it in the [CoA Editor](/accountants/setting-up/chart-of-accounts/coa-editor.md). *** ### Accounts by entity type The entity type decides which equity and owner accounts Kick includes, because a sole proprietor, a partnership, and a corporation each record ownership differently. The rest of Kick's accounts are the same for every entity type. | Entity type | Equity accounts | Owner accounts | | -------------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------- | | Sole Proprietorship, LLC (single owner), No legal entity | Owner Investments, Owner Capital, Owner Draws | Loans to Owner, Loans from Owner, Insurance - Owner. Owner pay is recorded in Salaries and Wages. | | Partnership, LLC (multiple owners) | Contributions, Capital, Distributions | Loans to Partners, Loans from Partners, Insurance - Partners, Guaranteed Payments to Partners | | S Corporation, C Corporation | Common Stock, Additional Paid-In Capital, Retained Earnings, Distributions, Dividends, Adjustments to Shareholders' Equity, Cost of Treasury Stock | Loans to Shareholders, Loans from Shareholders, Insurance - Officers, Officer's Compensation | *** ### What you can change On most Kick accounts you can: * Rename the account (use **Revert to default name** to restore the original Kick name) * Edit the **Code** * Archive the account * Delete the account, unless it holds a role tied to automations You cannot change its type. Archive it if you do not want it in dropdowns, or merge it into another account in the [CoA editor](/accountants/setting-up/chart-of-accounts/coa-editor.md#merge). *** ### Accounts with a role Kick automations need a specific general ledger account for things like uncategorized cash, transfer matching, invoices, payroll, and owner activity. Those roles sit on Kick accounts by default. If you want that automation to post somewhere else, reassign the role to another account. You cannot archive or delete an account that currently holds a role. Reassign the role first, or merge the account into another one, which moves the role with it. Account names can vary by entity type. | Account | Type | What Kick uses it for | | ------------------------------------------- | ------------------------- | ------------------------------------------------------------------------------------------------- | | Accounts Receivable | Accounts Receivable | Default account for customer invoice balances | | Cash on Hand | Cash | Manually recorded cash payments on bills and invoices | | Intercompany Receivables | Accounts Receivable | Fallback for amounts owed from related businesses when there is no dedicated due-to/from account | | Bank Transfer Clearing | Cash | In-transit account when matching transfers between bank accounts | | Payment Transfer Clearing | Cash | In-transit account when matching transfers to or from a payment processor | | Accounts Payable | Accounts Payable | Default account for vendor bill balances | | Intercompany Payables | Accounts Payable | Fallback for amounts owed to related businesses when there is no dedicated due-to/from account | | Credit Card Clearing | Credit Cards | In-transit account when recording credit card payments | | Sales Tax Payable | Other Current Liabilities | Sales tax collected on invoices | | Customer Deposits | Other Current Liabilities | Customer deposits and prepayments applied on invoices | | Owner Investments / Contributions | Equity | Moving a transaction between personal and business, and matching an incoming transfer to personal | | Owner Draws / Distributions | Equity | Moving a transaction between business and personal, and matching an outgoing transfer to personal | | Owner Capital / Capital / Retained Earnings | Equity | Accumulated earnings on the Balance Sheet | | Revenue | Income | Default income account for invoice line items and transactions | | Discounts and Allowances | Income | Invoice discounts and allowances | | Uncategorized Income | Income | Cash-in activity that has not been categorized yet | | Uncategorized Expenses | Operating Expenses | Cash-out activity that has not been categorized yet | | Bad Debts | Operating Expenses | Customer balances written off as uncollectible | | Salaries and Wages - Clearing | Operating Expenses | In-transit account for payroll activity | *** ### Reassign a role Use **Reassign role** in the CoA editor when you want Kick automations to post to a different account than the one that holds the role today. See [CoA Editor](/accountants/setting-up/chart-of-accounts/coa-editor.md#reassign-role). --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation by asking a question. Perform an HTTP GET request on the following URL with the `ask` and `goal` query parameters: ``` GET https://docs.kick.co/accountants/setting-up/chart-of-accounts/kick-standard-accounts.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is what the user is ultimately trying to achieve, the reason they need the answer. Sharing it helps GitBook give you a better, more relevant answer. 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