Suggestion 2
AR and AP Accounts:
ZOHO Books have hard coded the AP and AR accounts and hence even if i have to use my own coded Chart of Accounts , I can't define an AR and AP account of my choice. I suggest, you could provide a this as a configuration item (initial setting) where-by the user will provide the desired AR and AP account name from the list of accounts created and you could mark this for automatic posting only.
Also, I should be able to use supplementary accounts for , i.e; when i define employees as vendors, i should be able to use a different AP accountant than the one assigned to my suppliers and the similar case for customers as well. This should be part of the Vendor / customer creation where you associate the corresponding AP/AR accounts
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Ajaya Kumar commented
Admin: Could you please change the heading 'Suggestion 2' to 'AR and AP accounts definition'