Can I create a new chart of accounts for period ended June 30, 2023? Thanks

Yes, Kudirat. I can provide more details about adding a new account from the Chart of Accounts (COA) in QuickBooks Online (QBO).

If you do not enter transactions before the end date of June 30, 2023, you can enter the As of date field. However, if you want to add transactions before that date, you can manually enter them and ensure they sum up to the amount you want.

I've added a screenshot below for your visual reference on the date field:

For more insights on adding accounts to your COA and how to keep it organized: Add an account to your chart of accounts in QuickBooks Online.

Moreover, you can make an account inactive if you don't plan to use it anymore.

We have QuickBooks Live Expert Assisted, who are always available to help you with best practices in setting up and making the most out of QuickBooks Online.

Feel free to drop by this thread again here in the Community space if you have more questions about adding or organizing your accounts and transactions in QBO. We're always here to help.