diff --git a/accounting/utils.py b/accounting/utils.py
index f39b235..3a9e3e5 100644
--- a/accounting/utils.py
+++ b/accounting/utils.py
@@ -21,10 +21,11 @@
 import re
 
 from django.conf import settings
+from django.core.exceptions import ValidationError
 from django.db.models import Q, Sum, Case, When, F, Count, Max, Min
 from django.urls import reverse
 from django.utils import timezone
-from django.utils.translation import pgettext
+from django.utils.translation import pgettext, gettext_noop
 
 from accounting.models import Account, Transaction, Record
 from mia_core.period import Period
@@ -406,3 +407,30 @@ def sort_form_transaction_records(form):
         del form[x]
     for key in new_form.keys():
         form[key] = new_form[key]
+
+
+def validate_account_code(record):
+    """Validates the account code.
+
+    Args:
+        record (Record): The accounting record.
+
+    Exceptions:
+        ValidationError: Thrown when validation fails.
+    """
+    if record.account.code is None:
+        raise ValidationError(gettext_noop(
+            "Please select the account."))
+    if record.account.code == "":
+        raise ValidationError(gettext_noop(
+            "Please select the account."))
+    try:
+        record.account = Account.objects.get(code=record.account.code)
+    except Account.DoesNotExist:
+        raise ValidationError(gettext_noop(
+            "This account does not exist."))
+    child_account = Account.objects.filter(
+        code__startswith=record.account.code).first()
+    if child_account is not None:
+        raise ValidationError(gettext_noop(
+            "You cannot choose a parent account."))
diff --git a/accounting/views.py b/accounting/views.py
index 0fff88b..5b92699 100644
--- a/accounting/views.py
+++ b/accounting/views.py
@@ -38,7 +38,8 @@ from mia_core.utils import Pagination, get_multi_lingual_search, UrlBuilder
 from .models import Record, Transaction, Account, RecordSummary
 from .utils import ReportUrl, get_cash_accounts, get_ledger_accounts, \
     find_imbalanced, find_order_holes, fill_transaction_from_form, \
-    sort_form_transaction_records, fill_transaction_from_previous_form
+    sort_form_transaction_records, fill_transaction_from_previous_form, \
+    validate_account_code
 
 
 @method_decorator(require_GET, name="dispatch")
@@ -870,24 +871,10 @@ def transaction_store(request, txn_type, transaction=None):
                 for key in e.message_dict:
                     errors[F"{record_type}-{no}-{key}"] = e.message_dict[key]
             # Validates the account
-            if x.account.code is None:
-                errors[F"{record_type}-{no}-account"] = gettext_noop(
-                    "Please select the account.")
-            elif x.account.code == "":
-                errors[F"{record_type}-{no}-account"] = gettext_noop(
-                    "Please select the account.")
-            else:
-                try:
-                    x.account = Account.objects.get(code=x.account.code)
-                except Account.DoesNotExist:
-                    errors[F"{record_type}-{no}-account"] = gettext_noop(
-                        "This account does not exist.")
-                else:
-                    child_account = Account.objects.filter(
-                        code__startswith=x.account.code).first()
-                    if child_account is not None:
-                        errors[F"{record_type}-{no}-account"] = gettext_noop(
-                            "You cannot choose a parent account.")
+            try:
+                validate_account_code(x)
+            except ValidationError as e:
+                errors[F"{record_type}-{no}-account"] = e.message
             # Validates the transaction
             if x.transaction is None:
                 x.transaction = transaction