In the Swiss SME chart of accounts, there are very minor differences for the different types of organization:
- sole proprietor
- company limited by shares (AG, Gmbh)
- non-profit association / Verein
Is it necessary to provide a different module for each type of entity? Or is there a way to let the user choose the entity type and then they get the relevant accounts under the Equity account section?
All the asset, liability, revenue and expense accounts are identical for each entity. It is only in the Equity accounts that there are 2 or 3 variations.