BASkontoplan

BASkontoplan is a standardized chart of accounts used in Swedish bookkeeping. It is maintained by the Föreningen BAS (the BAS association) and serves as a framework for classifying financial transactions in the accounting system. The BASkontoplan is widely used by Swedish companies to promote consistent accounting practices and comparability of financial statements.

The BASkontoplan grupos accounts into main categories such as assets, liabilities, equity, revenue, and expenses, with a hierarchical numbering system. Each main category contains subaccounts that allow detailed tracking of items like tangible fixed assets, receivables, payables, VAT, sales, purchases, and various costs. While the standard provides a common backbone, companies may add subaccounts to fit their specific business needs, provided the reporting remains aligned with the BAS structure for external reporting.

Use and compliance: The BASkontoplan supports compliance with Swedish accounting rules and tax reporting. It is commonly used in financial statements, monthly closings, VAT returns, and it integrates with widely used accounting software in Sweden. The system is adaptable to different business sizes and sectors, and it facilitates standardized data exchange with authorities and auditors.

Updates and governance: The BASkontoplan is updated periodically to reflect changes in accounting standards, tax legislation, and business practices. The BAS association publishes new versions and guidance, which are disseminated to practitioners, educational institutions, and software vendors.

See also: BAS, Swedish chart of accounts.