Is Chart of accounts in Moqui is out-of-date?

[Vy Do]

Hello everyone, 

I live in Vietnam, I understand about accounting principles (Local and International standards) and Vietnam Accounting Standard so much.

I also tried to understand U.S. accounting. I want ask you about Chart of Accounts in Moqui follows U.S. accounting laws and rules. This information help me customize accounting functions in Moqui correctly for Vietnam accounting standards.

I see this comment in source code : https://github.com/moqui/mantle-udm/blob/master/data/ZaaGlAccountsInstallData.xml#L237

The correct link at the current is https://www.bookweb.org/standard-chart-accounts

But when I comparing with Chart of accounts in SAP, QuickBooks, I seen different points. For example In QuickBooks [1] 

7000 – 7999 Other Income
8000 – 8999 Other Expense

But in Moqui:

700000 OTHER EXPENSE [2]

800000 OTHER INCOME [3]

Please give me the correct answer, or give me information, Is Chart of accounts in Moqui is out-of-date? If you have more around information about U.S. accounting rules in U.S. please let's me know.

Best regards,

[1] https://quickbooks-training.net/standard-chart-accounts-account-types/

[2] https://github.com/moqui/mantle-udm/blob/master/data/ZaaGlAccountsInstallData.xml#L1245

[3] https://github.com/moqui/mantle-udm/blob/master/data/ZaaGlAccountsInstallData.xml#L1359

[Taher Alkhateeb]

I could be wrong, but I believe the numbering does not matter as much as the structure. The first three digits have a meaning, and every digit after that has a meaning, and this is sort-of the big structure and how it should be layed out. Not that you necessarily need that "exact" digit (8, 7, whatever) for this or that account type.

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