The efficient use and usefulness of the chart of accounts for the transcendence and development of agricultural and livestock companies.

The use of accounting is imperative in any type of company, since it allows it to reliably determine the results, assets and debts existing at a given time. It should be noted that the first step to start the accounting process is the creation and codification of a plan or chart of accounts that gives rise to the recording of all the operations that took place during the fiscal year.

Therefore, based on the above, it is vital to emphasize that the chart of accounts is known as a plan that serves for the exact recording and classification of each economic fact where it corresponds and the application of the operations to the corresponding activities in order to determine and group in a clear and precise manner all the operations of an organization.

Therefore, the implementation of a chart of accounts is very useful for companies engaged in any industry, it is the cornerstone for developing an accounting system, since it is vital for the insertion of quantifiable information, either through manual, mechanical or electronic means, emphasizing that this catalog must be adapted to the requirements of the transactions carried out during the economic period.

It should be noted that this catalog must be flexible enough to be able to introduce or eliminate items at any given time, without modifying the main structure of the same, in order to maintain the principle of consistency in the financial statements, which will enable the company to exercise greater control over specific items, allowing it to truthfully determine the accounting results obtained during the fiscal period.

It should be pointed out that there is no single general chart of accounts applicable to all types of companies, since each one has its own particularities, depending on the economic activity and the level of transactions it usually handles, since the catalog applied to the rendering of services or industrialization does not apply in this way to agricultural companies.

In turn, these companies have the particularity that their assets, their main line of business is made up of biological assets, so it is important to create a catalog that incorporates the management of these assets as well as their depletion with many other peculiarities that differ from the conventional chart of accounts.