Learn how to set up and add accounts to your chart of accounts.
The chart of accounts is a list of all of your accounts in QuickBooks. When you create your company file, QuickBooks automatically customizes your chart of accounts based on your business entity. Keeping your chart of accounts organized helps you when it’s time to file your taxes.
You can add more accounts anytime you need to track other types of transactions. Here's how to add more accounts to your chart of accounts.
Note: For some QuickBooks accounts in business view, you can’t add parent accounts to your chart of accounts, but you can create new subaccounts instead. This is by design to help you stay tax compliant. But, if you still need to add a new parent account, you can do so by switching to accountant view first.
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Add a new account
- Go to Settings ⚙ and select Chart of accounts.
- Select New. Depending on your account view, you’ll either see a panel labeled New account or New category. Select the option you see below for next steps.
Learn about chart of accounts usage limits
If you see a message about usage limits, you've reached the maximum number of accounts allowed for your current QuickBooks plan. If you have accounts you no longer use, make them inactive so you can add new ones. Learn more about usage limits.