Nested Charts Of Accounts - Is It Bad Practice?

Hello All,

I've been planning to ask this for a very long time but never found the time. Nevertheless I am curious to hear your opinion.

In our business we configured the charts of accounts as nested tree.

Top-level 1

• Sub-Account1
• Sub-Account2

                    Sub-Sub-Account1

• Sub-Account3

Top-level 2

      etc etc etc.....

The idea behind this is to track Expenses, COGS, Income and other financial transactions on different levels. For example we have an expense tree as follows:

Office Expenses

• Computers

                    Software Purchases

                    Software Subscriptions

                    Hardware Purchases

                    Repair

• Office Supplies

                    Printing Paper

                    Ink

                    Water

etc...etc....

When running reports, we can compare the expense of water for example to Office Supplies and  Office Expenses totals which is very useful.

I am curious to know if this is completely wrong and are we causing QB to miscalculate the sums or is this actually just another, more granular, way of tracking transactions in QB?

Thanks much for your help and input.