The Chart Of Accounts menu option is a list of all income, expense, asset, liability and equity groups, with the ability to add new groups.
RentHQ has 2 accounting modes. The first is basic accounting mode where only Income and Expense groups are created. This is the default option. The second is the full accounting mode, which allows all 5 groups to be created. This is intended for accountants or people with knowledge of accounting principles.
See also...
Income GroupsExpense GroupsAsset GroupsLiability GroupsEquity Groups