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Everything you need to know about banking in QuickBooks Online - Discover more
toni_udeh
Level 1

Hi there, I'm new to QB and also a relatively new Plc. I always assumed Lunch/sustenance was different from entertaining. is this not the case? thank you in advance

 
1 REPLY 1
GeorgiaC
QuickBooks Team

Hi there, I'm new to QB and also a relatively new Plc. I always assumed Lunch/sustenance was different from entertaining. is this not the case? thank you in advance

Hey toni_udeh,

 

 

Thanks for you post and welcome to the QuickBooks Online Community!

 

These are default accounts created by QuickBooks - you can choose which to use or create custom accounts by going to Chart of Accounts > New. The main factors affecting the accounting and reporting is the type and detail type of account - as long as you know which account to put transactions to the name as it appears on the chart of account does not affect the accounting.

 

 

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