Add elements for structure, memo units and Name-Value Pairs. The structure section is used to add information that defines how accounts are related to one-another. The name-value pairs are used to convey additional information that is specific to an implementation of a chart of accounts. The unique account is identified using the combination of the GL Entity ID and the Nominal Account. The GL Entity ID will tie back to the organizational structure as soon as the organizational structure is implemented. The Chart of Accounts Noun can be used to carry a pure nominal account, or a fully defined dimensional account. The fully defined account carries a GUID that can be used to facilitate the communication of this account and also to validate the existance of the combination of dimensions when that is a requirement of the financial system. The ChartStructure element contains information relating to the reporting structure and the shape of the chart. This should end up as a separate function maintained by reporting and not by the CoA. This element could well be deprecated in the future. Its use should be discouraged. The MemoUnit element is used to identify the units used for non-monetary reporting of information associated with this account. Chart of Accounts represents the accounting structure of a business. Each account represents a financial aspect of a business, such as its Accounts Payable, or the value of its inventory, or its office supply expenses. Typically, each account consists of a character string representing various elements such as major account code and department code. Is the primary balancing segment of the GL Account structure. Typically, this is the owning entity for the transaction. A G/L entity is the smallest organizational unit for which individual financial statements must be drawn up according to relevant commercial law. P&L statements are required at this level. Is the primary account classification within a chart of accounts. For example reveune, Fixed Asset, Land, Buildings, etc. Is the primary account classification within a chart of accounts. For example reveune, Fixed Asset, Land, Buildings, etc. defines the date and time when a particular document or item takes effect or becomes valid. defines the date and time when a particular document or item takes effect or becomes valid. defines the date and time when a particular document or item takes effect or becomes valid. defines the date and time when a particular document or item takes effect or becomes valid. AccountType is an account classification that specifies the use of this account. Suggested examples of account type are Asset, Equity, Expense, Liability, Revenue