Spanish chart of accounts

Aikount keeps your books on the Spanish chart of accounts (PGC, Plan General Contable). Every invoice, expense and payment is booked into PGC accounts, so the figures you see in the dashboard, the taxes and the journal all reconcile with each other and with what your accountant expects.

What the PGC is#

The PGC is the standardized chart of accounts used for accounting in Spain. Accounts are grouped by their first digit (groups), and every operation moves at least two accounts (double entry): what comes in on one side goes out on another.

You don't need to memorize it. The agent picks the right account when it books each operation, and you can adjust it if needed.

Accounts you'll see often#

• Group 6 holds expenses: 600 purchases, 62x outside services, 64x staff costs, etc. When you import a purchase invoice, the agent classifies it into a group-6 account.
• Group 7 holds income: 700 sales of goods, 705 services rendered.
• 477 and 472 are the two sides of VAT: 477 output VAT minus 472 input VAT is the basis for Modelo 303.

How Aikount uses it#

• When you issue an invoice, customers (430) is debited, the income (705) and output VAT (477) are credited.
• When you book a purchase, the expense (group 6), the input VAT (472) and the supplier balance are recorded.
• When you collect or pay through the bank, the bank account (572) moves against the customer or supplier.

You don't need to know double-entry bookkeeping to work in Aikount. The accounts are there so your accountant can import without retyping and so the AEAT models come from the real data.

Related#

• Categorization (PGC) — how the expense account is assigned to each purchase.
• Journal and ledger — where to browse the entries.
• Balance sheet and P&L — how these accounts aggregate.