Learn how to import your chart of accounts to QuickBooks Online from a spreadsheet.
QuickBooks uses your chart of accounts to organise all your accounting. When you set up your company, QuickBooks customises your chart of accounts for you.
Here's how to import your accounts from a spreadsheet.
Tip: The best time to import accounts is when you’re still setting up your company in QuickBooks. If you don’t have a lot of accounts to add, you can create new accounts instead.
Step 1: Format your spreadsheet
You can import your chart of accounts using an Excel CSV file. Here's how to format your spreadsheet so you can import it to QuickBooks.
- Open your existing spreadsheet of accounts or create a new one.
- Make sure you have these columns in your spreadsheet:
- Account Name
- Detail Type
- If you organise your accounts by number, add an Account Number column. Or skip this if you don’t use account numbers.
- If you have different currency accounts, add a Currency column. Note: You will need to have turned on multi-currency to import set up accounts using a different currency. Multi-currency is only available in QuickBooks Online Essentials or Plus, skip this if you do not use multiple currencies.
- If you have a subaccount, add it in the Account Name column in this format: Main account: subaccount. For example, Utilities: Gas. See the table below for more examples of how to format subaccounts.
- If it looks correct, save your spreadsheet in Excel or CSV format.
Here’s a sample of how your spreadsheet should look. You can also download our sample spreadsheet if you need more examples.
|Account Number||Account Name||Type||Detail Type|
|112720||Current Account - Bank of America||Cash and cash equivalents||Current|
|Money Market - First National Bank||Cash and cash equivalents||Money Market|
Step 2: Upload your spreadsheet
- Sign in to QuickBooks Online.
- Select Settings ⚙. Then select Import Data.
- Select Chart of Accounts.
- To upload a file from your computer, select Browse and choose the file. Then select Open.
- Select Next.
Step 3: Map your spreadsheet fields to QuickBooks fields
Once you upload your spreadsheet, map your accounts so they import correctly.
- In the Your Field column, select the small arrow ▼ icon and match the names to the QuickBooks Online field for:
- Detail Type
- Account Name
- Account number
- With the exception of Account Name, you can select No Match if there's a field that doesn’t have a matching column in your spreadsheet. For example, if you don’t use account numbers.
- Select Next.
Step 4: Import your chart of accounts
You’re almost finished. Check everything one last time before you import your accounts.
- If you haven’t yet, be sure to add account types and detail types.
Tip: Focus on getting the account types right first. Then, select the detail types that fit the transactions you want to track.
- If you see a field highlighted in red, hover over the highlighted field to see what you need to fix.
- Uncheck any account you don’t want to save.
- If everything looks good, select Import.
Step 5: Enter opening balances for accounts
Once all your accounts are in QuickBooks, you'll need to enter your opening balances for bank, credit card, and other accounts. An opening balance is the starting point for the account you create in QuickBooks. Here's how to enter your opening balance:
- Go to Settings ⚙ and then Chart of Accounts.
- Find your bank or credit card account.
- In the Action column, select the small arrow ▼ icon. Then select Edit.
- Choose when you want to start tracking your finances. In the Balance field, enter the amount in the account, and determine the as of date. Enter today's date if you want to start tracking immediately. Learn more about opening balances.
- Select Save and Close.
Note: If a transaction has already been allocated to the account, you will need to record a journal entry for the opening balance.
Next steps: Download your transactions to QuickBooks
To download your account transactions, you can connect your bank or credit card accounts to QuickBooks. QuickBooks will download and categorise your transactions so you can review and approve them.