Setting up your accounts
QuickBooks uses accounts to track your transactions. To help you get started, QuickBooks suggest a set of accounts for the type of business you have. You can change these later by editing your
Chart of Accounts.
To set up your accounts:
- On the Industry menu, select the type of business that comes closest to describing your company.
- (Optional) In the Accounts list, select or deselect the accounts you want to set up. QuickBooks suggests a default set backed on your Industry selection. If you make changes and want to go back to QuickBooks suggested accounts, click Default.
- Click Finish to create your company file.
You can click
Expert Settings to set non-standard settings for your company file. You'll probably only need these if your accountant has given you specific instructions.