The Advanced account settings is where you or your accountant initially set up your company file.
|Note: Advanced account settings vary by region.|
How to set up Advanced account settings
- Go to Settings ⚙, then select Account and settings.
- From the left menu, select Advanced.
- Select the Pencil icon for each section below to modify your settings.
Preferences for Advanced account settings
- Set up the financial year and set the closing date.
- Specify your accounting method.
Chart of Accounts: Enable or disable use of account numbers.
Categories (Found in the "Company" tab): Add "class" and "location" fields on your forms.
- Pre-fill forms.
- Automatically apply debits and credits.
Projects: Select if you want to use the Projects feature to see all sales, expenses and timesheets by project.
Time tracking: Specify defaults for timesheets, such as adding fields and first day of work week to display.
Currency (Essentials and Plus Only): Select if you accept transactions in foreign currencies.
- Data and number format.
- Warnings about duplicate transactions numbers.
- Waiting time before you're automatically signed out of QuickBooks Online.
- Preferences on language.
You now know how to set up your Advanced account settings.