diff --git a/addons/account/data/data_account_type.xml b/addons/account/data/data_account_type.xml
index 54ab23e605f..6bd9dbc72eb 100644
--- a/addons/account/data/data_account_type.xml
+++ b/addons/account/data/data_account_type.xml
@@ -72,26 +72,26 @@
           <field name="internal_group">equity</field>
           <field name="include_initial_balance" eval="True"/>
         </record>
+        <record model="account.account.type" id="data_account_type_revenue">
+            <field name="name">Income</field>
+            <field name="type">other</field>
+            <field name="internal_group">income</field>
+        </record>
         <record model="account.account.type" id="data_account_type_other_income">
           <field name="name">Other Income</field>
           <field name="type">other</field>
           <field name="internal_group">income</field>
         </record>
-        <record model="account.account.type" id="data_account_type_revenue">
-          <field name="name">Income</field>
-          <field name="type">other</field>
-          <field name="internal_group">income</field>
+        <record model="account.account.type" id="data_account_type_expenses">
+            <field name="name">Expenses</field>
+            <field name="type">other</field>
+            <field name="internal_group">expense</field>
         </record>
         <record model="account.account.type" id="data_account_type_depreciation">
           <field name="name">Depreciation</field>
           <field name="type">other</field>
           <field name="internal_group">expense</field>
         </record>
-        <record model="account.account.type" id="data_account_type_expenses">
-          <field name="name">Expenses</field>
-          <field name="type">other</field>
-          <field name="internal_group">expense</field>
-        </record>
         <record model="account.account.type" id="data_account_type_direct_costs">
           <field name="name">Cost of Revenue</field>
           <field name="type">other</field>
diff --git a/addons/account/static/src/js/account_selection.js b/addons/account/static/src/js/account_selection.js
index c000d5b6fd1..a43083867d8 100644
--- a/addons/account/static/src/js/account_selection.js
+++ b/addons/account/static/src/js/account_selection.js
@@ -29,10 +29,17 @@ odoo.define('account.hierarchy.selection', function (require) {
                             'name': _('Balance Sheet'),
                             'children': [
                                 {'name': _t('Assets'), 'ids': _.map(_.filter(arg, v => v['internal_group'] == 'asset'), v => v['id'])},
-                                {'name': _t('Liabilities'), 'ids': _.map(_.filter(arg, v => v['internal_group'] == 'liability' || v['internal_group'] == 'equity'), v => v['id'])},
-                            ]
+                                {'name': _t('Liabilities'), 'ids': _.map(_.filter(arg, v => v['internal_group'] == 'liability'), v => v['id'])},
+                                {'name': _t('Equity'), 'ids': _.map(_.filter(arg, v => v['internal_group'] == 'equity'), v => v['id'])},
+                            ],
+                        },
+                        {
+                            'name': _t('Profit & Loss'),
+                            'children': [
+                                {'name': _t('Income'), 'ids': _.map(_.filter(arg, v => v['internal_group'] == 'income'), v => v['id'])},
+                                {'name': _t('Expense'), 'ids': _.map(_.filter(arg, v => v['internal_group'] == 'expense'), v => v['id'])},
+                            ],
                         },
-                        {'name': _t('Profit & Loss'), 'ids': _.map(_.filter(arg, v => v['internal_group'] == 'income' || v['internal_group'] == 'expense'), v => v['id'])},
                         {'name': _t('Other'), 'ids': _.map(_.filter(arg, v => !['asset', 'liability', 'equity', 'income', 'expense'].includes(v['internal_group'])), v => v['id'])},
                     ]
                 });
@@ -52,7 +59,7 @@ odoo.define('account.hierarchy.selection', function (require) {
             var self = this;
             _.each(group, function(item) {
                 var optgroup = $('<optgroup/>').attr(({
-                    'label': $('<div/>').html('&nbsp;&nbsp;'.repeat(3 * level) + item['name']).text(),
+                    'label': $('<div/>').html('&nbsp;'.repeat(6 * level) + item['name']).text(),
                 }))
                 _.each(item['ids'], function(id) {
                     var value = _.find(self.values, v => v[0] == id)