One of the most important steps in creating a new company file in QuickBooks Online is getting your Chart of Accounts setup. The initial setup here can be altered later, but it’s vital to your accounting strategy to set this up properly right away to get accurate financials for your business. Adding an account to the Chart of Accounts is the biggest way to customize your financials.
Below is a video created to walk you through how to add accounts to your Chart of Accounts in QuickBooks Online.
Adding an Account to the Chart of Accounts in QuickBooks Online
In creating accounts, you can easily customize the Chart of Accounts to be more specific to your business and ensure you’re getting the full story your numbers are telling about your business.
If you need assistance in setting up your chart of accounts or imporving your chart of accounts while setting up a new QuickBooks Online file we are here to help.
At All In One Accounting, we are here to empower business owners in At All In One Accounting, we take businesses from financial chaos to business clarity and beyond. Our elite team of Accountants, Controllers, and CFOs are ready to help you in these uncertain times. Visit our website here for a free consultation with one of our accounting professionals.