Hello there, @haskenazi1 and @Robert S - AMC.
QuickBooks is designed to become a one-stop shop for small business owners in organizing your transactions. With that being said, I’d be delighted to share information with you about the account and category feature in QuickBooks Online.
For starters, the accounts in QuickBooks Online refers to the different account types in the Chart of accounts where your transactions are connected or associated. It’s for accounting and reconciliation purposes. When you create your QuickBooks account, you can choose from different account types (expense, income, liability) where you transactions will be posted.
While the category is for your inventory purpose. It’s a system created for you to classify the products and services you sell to customers and make your inventory easier. This does not directly affect your accounting.
Let me know if you have follow-up questions about managing your transactions in QuickBooks Online, feel free to visit our Community page. I’m always here to help.
