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VAT
Hello there, @kevinneal.
When creating a new account, you can select a detail type that fits the transactions you want to track. The detail types give more information about what you can track with each account type.
To learn more about detail types, you can check this link: Learn about detail types in the chart of accounts.
I've also added these articles about the chart of accounts in QBO:
- Add an account to your chart of accounts
- Learn about the chart of accounts
- Learn common accounting terms
Fill me in if you have other questions about accounting terms. I'm always here to lend you a helping hand. Take care!
0 Cheers