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Accounting
Moroccan Chart of Accounts
Complete guide to the Moroccan Chart of Accounts (PCM). Account structure, accounting classes, nomenclature and accounting principles.
8
Classes
1-5
Balance Sheet
6-7
Income Statement
8
Result
The 8 classes of PCM
1
Class 1: Permanent financing
Equity, financing debt, long-term provisions
Share capitalReservesBank loans LTRisk provisions
2
Class 2: Fixed assets
Intangible, tangible and financial fixed assets
GoodwillLandBuildingsEquipmentInvestments
3
Class 3: Current assets (excluding cash)
Stocks, current receivables
MerchandiseRaw materialsCustomersSundry debtors
4
Class 4: Current liabilities (excluding cash)
Current liabilities, other provisions
SuppliersPersonnelStatePartner accounts
5
Class 5: Cash
Cash assets and liabilities
BanksCashCCPCash credits
6
Class 6: Expenses
Operating, financial and non-recurring expenses
PurchasesPersonnelTaxesFinancial chargesDepreciation
7
Class 7: Revenue
Operating, financial and non-recurring revenue
SalesServicesFinancial revenueReversals
8
Class 8: Result
Fiscal year result
Result before taxesResult after taxes
Main accounts of PCM
| Account No. | Label | Class |
|---|---|---|
| 1111 | Share capital | 1 |
| 1140 | Legal reserve | 1 |
| 2111 | Formation expenses | 2 |
| 2230 | Goodwill | 2 |
| 2321 | Land | 2 |
| 2331 | Buildings | 2 |
| 2340 | Transport equipment | 2 |
| 3111 | Merchandise | 3 |
| 3421 | Customers | 3 |
| 4411 | Suppliers | 4 |
| 4432 | Personnel remuneration due | 4 |
| 4455 | State - VAT invoiced | 4 |
| 5141 | Banks | 5 |
| 5161 | Cash | 5 |
| 6111 | Merchandise purchases | 6 |
| 6171 | Personnel remuneration | 6 |
| 7111 | Merchandise sales | 7 |
| 7124 | Service sales | 7 |
Accounting system structure
Mandatory summary statements
- Balance Sheet (assets and liabilities)
- Income Statement (CPC)
- Statement of Management Balances (ESG)
- Financing Table (TF)
- Statement of Additional Information (ETIC)
Fundamental accounting principles
- Going concern
- Consistency of methods
- Historical cost
- Fiscal year specialization
- Prudence
- Clarity and non-compensation
- Materiality
Frequently Asked Questions
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