Chart of Accounts: Adding an account

When you set up your company file, QuickBooks sets up certain accounts for you automatically. As your business grows or changes, you can add new accounts to your Chart of Accounts to better organize your finances. For example you might want to create expense accounts to track office supply purchases separately from advertising costs.


Chart of Accounts

A complete list of a business's accounts. The accounts that appear on the balance sheet are called balance sheet accounts. Other accounts track particular kinds of expenses or income.

To add or edit a new account: