A system, method and computer program product provide a generic accounting management system that can be configured at runtime to monitor and meter resources connected to a network. An accounting manager monitors and meters resource usage on the network. One or more agents collect usage data from one or more managed resources connected to the network and report this usage data to the accounting manager. The accounting manager stores the usage data in an accounting data schema. An administration manager supplies network-specific configuration information to the accounting manager at runtime such that the accounting manager and the accounting data schema are configured to the specific resource usage characteristics of the network. The accounting data schema comprises monitoring, metering and accounting classes which are populated at runtime based on the network-specific configuration information.