Acer truncatum seeds are an excellent source of beneficial natural compounds, including high levels of unsaturated fatty acids (UFAs), that promote health. Recently, A. truncatum has emerged as an oil crop. Therefore, the transcriptomes of A. truncatum seeds at 70, 85, 100, 115, 145, 180 days after flowering (DAF) were analyzed to gain a better understanding of the transcriptional and translational regulation of seed development and oil biosynthesis. A total of 28,438 genes were identified, and 3069/2636, 3288/3438, 1319/2750, and 5724/5815 upregulated/downregulated genes were identified when comparing different samples with 85 DAF seeds. Sixteen lipid metabolism pathways with 754 differentially expressed genes (DEGs) were identified, including 34 DEGs associated with UFA biosynthesis. A phylogenetic analysis revealed that six putative fatty acid desaturase (FAD) genes clustered into five FAD groups. A quantitative real-time polymerase chain reaction analysis indicated that the temporal expression patterns of oil biosynthesis genes and transcription factors were largely similar to the RNA sequencing results. The results of this study will enhance the current understanding of oil metabolism in A. truncatum seeds and allow new methods of improving oil quality and seed yield in the future.