<?xml version="1.0" encoding="UTF-8"?>
<configuration xmlns="http://ledgersmb.org/xml-schemas/configuration">
  <coa>
    <account-heading id="h-1" code="10000" description="ASSETS"/>
    <account-heading id="h-2" code="11000" description="BANK AND CASH ACCOUNTS">
      <account code="11010" description="Bank Account" category="Asset" recon="true">
        <link code="AR_paid"/>
        <link code="AP_paid"/>
      </account>
      <account code="11020" description="Petty Cash" category="Asset" recon="true">
        <link code="AR_paid"/>
        <link code="AP_paid"/>
      </account>
      <account code="11110" description="PayPal" category="Asset" recon="true">
        <link code="AR_paid"/>
        <link code="AP_paid"/>
      </account>
      <account code="11120" description="Bitcoin" category="Asset" recon="true">
        <link code="AR_paid"/>
        <link code="AP_paid"/>
      </account>
    </account-heading>
    <account-heading id="h-3" code="12000" description="CUSTOMERS AND SETTLEMENT ACCOUNTS">
      <account code="12100" description="Accounts Receivables" category="Asset">
        <link code="AR"/>
      </account>
    </account-heading>
    <account-heading id="h-4" code="13000" description="OTHER CURRENT ASSETS">
      <account code="13100" description="Allowance for doubtful accounts" category="Asset"/>
    </account-heading>
    <account-heading id="h-5" code="15000" description="INVENTORY ASSETS">
      <account code="15100" description="Inventory / Locks" category="Asset">
        <link code="IC"/>
      </account>
      <account code="15200" description="Inventory / Computers" category="Asset">
        <link code="IC"/>
      </account>
      <account code="15300" description="Inventory / Electronics" category="Asset">
        <link code="IC"/>
      </account>
      <account code="15400" description="Inventory / Software" category="Asset">
        <link code="IC"/>
      </account>
      <account code="15800" description="Inventory / Misc" category="Asset">
        <link code="IC"/>
      </account>
      <account code="15900" description="Inventory / Freight" category="Asset">
        <link code="IC"/>
      </account>
    </account-heading>
    <account-heading id="h-6" code="16000" description="STATUTORY DEBTORS">
      <account code="16100" description="INPUT GST" category="Liability">
        <link code="AR_tax"/>
        <link code="AP_tax"/>
        <link code="IC_taxpart"/>
        <link code="IC_taxservice"/>
        <tax>
          <rate value="0.1"/>
        </tax>
      </account>
    </account-heading>
    <account-heading id="h-7" code="18000" description="CAPITAL ASSETS">
      <account code="18100" description="Land and Buildings" category="Asset"/>
      <account code="18200" description="Accumulated Amortization -Land &amp; Buildings" category="Asset" contra="true"/>
      <account code="18300" description="Office Furniture &amp; Equipment" category="Asset"/>
      <account code="18400" description="Accumulated Amortization -Furniture &amp; Equipment" category="Asset" contra="true"/>
      <account code="18500" description="Vehicle" category="Asset"/>
      <account code="18600" description="Accumulated Amortization -Vehicle" category="Asset" contra="true"/>
    </account-heading>
    <account-heading id="h-8" code="20000" description="LIABILITIES"/>
    <account-heading id="h-9" code="21000" description="CURRENT LIABILITIES">
      <account code="21100" description="Accounts Payable" category="Liability">
        <link code="AP"/>
      </account>
    </account-heading>
    <account-heading id="h-10" code="22000" description="STATUTORY CREDITORS">
      <account code="22100" description="OUTPUT GST" category="Liability">
        <link code="AR_tax"/>
        <link code="AP_tax"/>
        <link code="IC_taxpart"/>
        <link code="IC_taxservice"/>
        <tax>
          <rate value="0.1"/>
        </tax>
      </account>
      <account code="22200" description="GST Settlement Account" category="Liability"/>
      <account code="22300" description="Corporate Taxes Payable" category="Liability"/>
    </account-heading>
    <account-heading id="h-11" code="23000" description="PAYROLL ACCOUNTS">
      <account code="23100" description="Workers Net Salary Payable" category="Liability"/>
      <account code="23200" description="PAYG Witholding Payable" category="Liability"/>
      <account code="23300" description="Superannuation Plan Payable" category="Liability"/>
    </account-heading>
    <account-heading id="h-12" code="26000" description="LONG TERM LIABILITIES">
      <account code="26100" description="Bank Loans" category="Liability"/>
      <account code="26200" description="Loans from Shareholders" category="Liability">
        <link code="AP_paid"/>
      </account>
    </account-heading>
    <account-heading id="h-13" code="33000" description="SHARE CAPITAL">
      <account code="33100" description="Common Shares" category="Equity"/>
    </account-heading>
    <account-heading id="h-14" code="40000" description="REVENUE"/>
    <account-heading id="h-15" code="41000" description="SALES REVENUE">
      <account code="41100" description="Sales / Locks" category="Income">
        <link code="AR_amount"/>
        <link code="IC_sale"/>
      </account>
      <account code="41200" description="Sales / Computers" category="Income">
        <link code="AR_amount"/>
        <link code="IC_sale"/>
      </account>
      <account code="41300" description="Sales / Electronics" category="Income">
        <link code="AR_amount"/>
        <link code="IC_sale"/>
      </account>
      <account code="41400" description="Sales / Software" category="Income">
        <link code="AR_amount"/>
        <link code="IC_sale"/>
      </account>
      <account code="41800" description="Sales / Misc" category="Income">
        <link code="AR_amount"/>
        <link code="IC_sale"/>
      </account>
      <account code="41900" description="Sales / Freight" category="Income">
        <link code="AR_amount"/>
        <link code="IC_sale"/>
      </account>
    </account-heading>
    <account-heading id="h-16" code="42000" description="CONSULTING REVENUE">
      <account code="42100" description="Consulting" category="Income">
        <link code="AR_amount"/>
        <link code="IC_income"/>
      </account>
      <account code="42900" description="Consulting Misc" category="Income">
        <link code="AR_amount"/>
        <link code="IC_income"/>
      </account>
    </account-heading>
    <account-heading id="h-17" code="43000" description="OTHER REVENUE">
      <account code="43100" description="Interest and Financial Income" category="Income"/>
      <account code="43200" description="Foreign Exchange Gain" category="Income"/>
    </account-heading>
    <account-heading id="h-18" code="50000" description="COST OF GOODS SOLD">
      <account code="51100" description="COGS / Locks" category="Expense">
        <link code="AP_amount"/>
        <link code="IC_cogs"/>
      </account>
      <account code="51200" description="COGS / Computers" category="Expense">
        <link code="AP_amount"/>
        <link code="IC_cogs"/>
      </account>
      <account code="51300" description="COGS / Electronics" category="Expense">
        <link code="AP_amount"/>
        <link code="IC_cogs"/>
      </account>
      <account code="51400" description="COGS / Software" category="Expense">
        <link code="AP_amount"/>
        <link code="IC_cogs"/>
      </account>
      <account code="51800" description="COGS / Misc" category="Expense">
        <link code="AP_amount"/>
        <link code="IC_cogs"/>
      </account>
      <account code="51850" description="Purchases" category="Expense">
        <link code="AP_amount"/>
        <link code="IC_cogs"/>
        <link code="IC_expense"/>
      </account>
      <account code="51900" description="Freight" category="Expense">
        <link code="AP_amount"/>
        <link code="IC_expense"/>
      </account>
    </account-heading>
    <account-heading id="h-19" code="60000" description="EXPENSES"/>
    <account-heading id="h-20" code="61000" description="PAYROLL EXPENSES">
      <account code="61001" description="Wages &amp; Salaries" category="Expense"/>
      <account code="61002" description="PAYG Tax Expense" category="Expense"/>
      <account code="61003" description="Superannuation Plan Expense" category="Expense"/>
    </account-heading>
    <account-heading id="h-21" code="62000" description="GENERAL &amp; ADMINISTRATIVE EXPENSES">
      <account code="62001" description="Accounting &amp; Legal" category="Expense">
        <link code="AP_amount"/>
      </account>
      <account code="62002" description="Advertising &amp; Promotions" category="Expense">
        <link code="AP_amount"/>
      </account>
      <account code="62003" description="Amortization Expense" category="Expense"/>
      <account code="62004" description="Income Taxes" category="Expense"/>
      <account code="62005" description="Insurance" category="Expense">
        <link code="AP_amount"/>
      </account>
      <account code="62006" description="Office Supplies" category="Expense">
        <link code="AP_amount"/>
      </account>
      <account code="62007" description="Rent and Rates" category="Expense">
        <link code="AP_amount"/>
      </account>
      <account code="62008" description="Repair &amp; Maintenance" category="Expense">
        <link code="AP_amount"/>
      </account>
      <account code="62009" description="Telephone, Fax and Internet" category="Expense">
        <link code="AP_amount"/>
      </account>
      <account code="62010" description="Travel &amp; Entertainment" category="Expense"/>
      <account code="62011" description="Utilities" category="Expense">
        <link code="AP_amount"/>
      </account>
      <account code="62012" description="Registrations" category="Expense">
        <link code="AP_amount"/>
      </account>
      <account code="62013" description="Licenses" category="Expense">
        <link code="AP_amount"/>
      </account>
    </account-heading>
    <account-heading id="h-22" code="63000" description="OTHER EXPENSES">
      <account code="63100" description="Interest &amp; Bank Charges" category="Expense"/>
      <account code="63200" description="Foreign Exchange Loss" category="Expense"/>
      <account code="63300" description="Bad Debts" category="Expense"/>
    </account-heading>
  </coa>
  <currencies default="AUD">
    <currency code="AUD">
      AUD
    </currency>
    <currency code="USD">
      USD
    </currency>
    <currency code="EUR">
      EUR
    </currency>
  </currencies>
  <settings>
    <setting name="inventory_accno_id" accno="15800"/>
    <setting name="income_accno_id" accno="41800"/>
    <setting name="expense_accno_id" accno="51850"/>
    <setting name="fxgain_accno_id" accno="43200"/>
    <setting name="fxloss_accno_id" accno="63200"/>
    <setting name="weightunit" value="kg"/>
  </settings>
</configuration>
