This easy to use, customizable spreadsheet provides a professionally organized chart of accounts designed specifically for product-based businesses. It helps you track all financial activity in a clear, logical structure, even if you have no accounting experience. Income, cost of goods sold, operating expenses, assets, liabilities, and equity are clearly separated and defined so every transaction has a proper place.

Created for entrepreneurs who sell physical or digital products, this chart of accounts helps you accurately classify revenue streams, inventory costs, product purchases, shipping and fulfillment expenses, packaging, merchant processing fees, refunds, and discounts. Each account is labeled in plain language and includes guidance explaining what belongs in each category and how to use it correctly.

The included step by step instructions show you how to apply this chart of accounts to your bookkeeping system, ensuring your financial data stays organized, consistent, and tax ready. You will spend less time guessing where transactions belong and less time correcting errors later.

By using this chart of accounts, you create a clean financial foundation that supports accurate reporting, easier tax preparation, and better business decisions. It provides the structure needed to understand product profitability, manage costs, and plan for sustainable growth with confidence.

This chart of accounts is ideal for product-based businesses, including ecommerce brands, online sellers, retail businesses, and digital product creators.