250 is actually not many accounts. For each depreciable asset QBO creates 3 accounts: the asset, the original cost and the accumulated depreciation. QBO should count these as 1 account, not 3 accounts. We manage real estate, it's easy to hit 250 accounts just in depreciable assets and before even getting to expenses. This is really a deal breaker. Example: 20 some accounts that are default in QBO 30 more accounts which are required for a property and business: mortgage principle, escrow, land, property taxes, interest, bank account, business license fee, tenant security deposit, insurance, credit card, etc. Then if you manage just 6 rental units (and with that few rentals most likely you don't need QB) and each unit has 10 depreciable items (60 x 3 accounts each) that adds another 180 accounts. Depreciable items like windows, carpet, kitchen, appliances, electrical, fence, HVAC, etc So now you're already at 230 accounts and the expenses haven't even been accounted for. Sure, we could consolidate multiple accounts. For example, use a bloated "repairs account" to reduce the number of accounts, but that defeats the reason we came to QBO in the first place. We wanted granular visibility into the business to spot areas that needed addressing. For example are there a significant amount of plumbing repairs in one building, did landscaping costs shoot up at another? 250 accounts is not reasonable number to track these things. Please either increase this number or allow the asset accounts to be counted as 1.
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