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sydgaskin
Level 1

I am struggling to set up my account properly in quickbooks to get started, I have made entries in expenses but they do not seem in the right place

 
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Best answer December 22, 2019

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Kristine Mae
Moderator

I am struggling to set up my account properly in quickbooks to get started, I have made entries in expenses but they do not seem in the right place

Thanks for clarifying that you're using Quicken, Sydgaskin.

 

We have a different support that handles the program. I'd suggest reaching out to Quicken Support, so you'll be properly guided on how to list your rental income and expenses. Just open the link, scroll down, then select either Talk to Support or Ask our Community

 

Although, if you have QuickBooks Online concerns, we're just right here for you. You can visit us anytime. 

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QuickBooks Team
QuickBooks Team

I am struggling to set up my account properly in quickbooks to get started, I have made entries in expenses but they do not seem in the right place

It’s important to set up the right account to run detailed reports and get clear insights into your business, sydgaskin.

 

If the expense account you set up is not providing you the right category for your transaction, we can review the detail type. This gives you more info about what you can track with each account type in QuickBooks Online (QBO).

 

Here's how you can review the account setup:

 

  1. Click Accounting on the left side menu.
  2. Choose Chart of Accounts.
  3. Select the expense account and click the Action drop-down button and choose Edit.
  4. Review the Detail Type of the account. If it is not the correct one, you can change it to track the transaction properly.
  5. Hit Save and Close.

accounting01.PNGaccounting02.PNG

 

For more details about detail types in the Chart of Accounts, you can check out this article: Learn about detail types in the chart of accounts.

 

To learn more about setting up an account in QBO, you can check out these articles:

 

Keep me posted by leaving a comment below if you need anything else with managing your account. I'm here to help.

sydgaskin
Level 1

I am struggling to set up my account properly in quickbooks to get started, I have made entries in expenses but they do not seem in the right place

Maybe i haven't explained myself properly, i have a small property rental business, i need to be able to list my rental income and my expenses ie light heat insurance repairs etc. Maybe quicken is too technical for me but I feel once I get it started it will be ok. 

Kristine Mae
Moderator

I am struggling to set up my account properly in quickbooks to get started, I have made entries in expenses but they do not seem in the right place

Thanks for clarifying that you're using Quicken, Sydgaskin.

 

We have a different support that handles the program. I'd suggest reaching out to Quicken Support, so you'll be properly guided on how to list your rental income and expenses. Just open the link, scroll down, then select either Talk to Support or Ask our Community

 

Although, if you have QuickBooks Online concerns, we're just right here for you. You can visit us anytime. 

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