Several weeks ago went thru Account & Settings and set everything up for new electrician client. Then setup the new Chart of Accounts to fit what he was used to and what has to be there. Now, several weeks later, extra accounts have shown up that are not wanted, nor needed, and they will not let me inactivate them! And they confuse my non-accountant client when he is trying to use his CoA. Does anyone know where the settings are in Account & Settings (or anywhere else) to turn off the following accounts:
* Inventory Asset - He will never inventory anything.
* Out of Scope Agency Payable - What the heck is this??? (Sounds like Fund/Budgetary Accounting!)
* Markup Income on Expenses Billed - At some time in the future, he may use Billable Expense Income, so that account is turned on. There will not be a Markup though. So since Billable Exp Inc is turned on, is Markup automatically turned on?
* Sales of Product Income - He does not inventory items, nor does he sell products. He includes materials in the COGS, but there will be no Sales of Product Income.
* Shipping Income - He will never ship anything... ever.
* Purchases - We created a different account for his Purchases. He prefers Job Supplies & Material. While Purchases will let me inactivate it, it always comes back! Can I get rid of this by combining to the accounts?
Any help on any of these is appreciated.
Hey QuickBooks, can you allow us to edit the Chart to actually fit the client?????