2020-02-14 09:32:51QuickBooks Business of the WeekEnglishhttps://quickbooks.intuit.com/in/resources/in_qrc/uploads/2017/05/Article-20-502013260.jpghttps://quickbooks.intuit.com/in/resources/quickbooks-business-of-the-week/create-your-chart-of-accounts-with-quickbooks/Create Your Chart of Accounts with QuickBooks

Create Your Chart of Accounts with QuickBooks

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The Chart of Accounts is a list representing all the accounts and balances you may have at a given point of time. It would show your company’s liabilities, assets, income, and expenses. This will help you to understand the amount of money you have and any amount of money you owe to anyone.

Here’re 4 easy steps to set up the QuickBooks Chart of Accounts List:

1. Select the Gear’ icon from the top right side of the product window.
2. Click ‘Chart of Accounts’ under ‘Settings.’

blog-chart of acc 13. Click the ‘New’ green button on the top right of the ‘Chart of Accounts’ window. You can also select the ‘Import’ option to import the Chart of Accounts.

chart of accounts4. The new ‘Account’ window appears. Fill up the details, for example, description and other fields as applicable. Click ‘Save and Close’ green button. OR Click ‘Save and New’ from the drop-down to add a new account.

accounts

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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