Enterprise Chart of Accounts (COA)
Multi-tier ledger structure compliant with IFRS & UAE Corporate Tax requirements
| Account Code | Account Title | Classification | Account Type | Control Account | Posting Allowed | Balance (AED) | Status | Action |
|---|---|---|---|---|---|---|---|---|
| 1010-01 | Emirates NBD — Escrow Marina Heights | Current Assets | Bank / Cash | Control Bank | Yes | 18,450,200.00 | Active | View Ledger |
| 1010-02 | Dubai Islamic Bank — Operational Account | Current Assets | Bank / Cash | Control Bank | Yes | 6,820,000.00 | Active | View Ledger |
| 1020-00 | Trade Accounts Receivable (Buyers) | Current Assets | Receivables | AR Subledger | Summary | 24,195,000.00 | Active | Subledger |
| 1030-00 | Post-Dated Cheques in Hand (PDC) | Current Assets | Other Current Asset | PDC Vault | Yes | 32,450,000.00 | Active | PDC Reg |
| 1080-00 | Construction Work in Progress (CWIP) | Non-Current Assets | Property Development | Project Cost | Yes | 68,200,000.00 | Active | View Ledger |
| 2010-00 | Trade Accounts Payable (Contractors) | Current Liabilities | Payables | AP Subledger | Summary | 14,850,000.00 | Active | Subledger |
| 2040-00 | Customer Advances & Down Payments | Current Liabilities | Unearned Revenue | Contract Liability | Yes | 42,800,000.00 | Active | View Ledger |
| 2050-00 | VAT Output Payable (FTA 5%) | Current Liabilities | Tax Liability | FTA Statutory | Yes | 842,100.00 | Active | View Ledger |
| 4010-00 | Off-Plan Residential Property Sales | Operating Revenue | Revenue (IFRS 15) | Milestone Rev | Yes | 142,800,000.00 | Active | View Ledger |
| 4020-00 | Late Payment Penalties & Other Charges | Other Income | Revenue | Rule E7 | Yes | 165,000.00 | Active | View Ledger |